EU soybean meal imports have kept falling since the start of the 2020-21 marketing year, according to market sources cited by S&P Global Platts. Tight supplies from Argentina and Brazil, the EU's two top suppliers, are cited as the cause.
Raw soybean purchases were up 3% on the year at 10.5 million tonnes, and Argentine crushing is struggling on low Paraguayan bean supplies.
Lower EU meal imports from a tight South American supply base reduce competition for available meal and support soymeal prices, though weaker EU demand partly offsets this.
Setelah 342 peristiwa perdagangan bullish sebelumnya, Bungkil Kedelai bergerak median +0,1% selama 5 sesi (51% lebih tinggi; separuh tengah -1,1% sampai +2,6%), dan +0,6% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.