
Privately run Chinese firms bought at least 10 boatloads of U.S. soybeans, over 600,000 tonnes, ahead of high-level trade talks. The cargoes are slated for shipment from Pacific Northwest terminals from October to December.
The purchases were the largest by Chinese private importers in more than a year.
Large Chinese buying of U.S. beans supports export demand and narrows the discount to Brazilian supply, which is bullish for soybean prices. Buyers should watch whether the purchases are followed by a broader trade deal.
Setelah 696 peristiwa perdagangan bullish sebelumnya, Kedelai bergerak median +0,3% selama 5 sesi (54% lebih tinggi; separuh tengah -1,3% sampai +1,9%), dan +0,7% selama 20 sesi.
Setelah 224 peristiwa perdagangan netral sebelumnya, Bungkil Kedelai bergerak median -0,2% selama 5 sesi (43% lebih tinggi; separuh tengah -1,7% sampai +1,2%), dan -0,2% 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.
Reports of Chinese private firms buying over 600,000 tonnes of US soybeans ahead of trade talks (reported Sept 11-12) would raise export demand expectations and drive the 3.4% rally.