U.S. beans were mixed this week, presenting shock finishing market. Monday fell after Tuesday Wednesday rebound, fell sharply again Thursday, Friday strong rebound; CBOT soybean (information market) in May 866 contract this week, the highest 878.6 minimum 838.2, closing 867.6. fallen 0.53%. July contract opened this week 870, the highest 877.6, the lowest 841 to close at 866.4, is down 1.07%. Domestic soybean shocks up this week, the trend strong in the outer disk Chamber. After last Friday's plunge to undertake this week, a slight decrease, opened sharply lower on Tuesday after a significant move up, showed a strong domestic defensive, Wednesday continued to rise Friday after the Thursday by the sell-off Dikaigaozou again, a strong rebound. Opened this week in Dalian soybean contracts 909 3,400, the maximum 3471, minimum 3326, closed 3447, has risen by 1.71%. Market analysis Easing of drought in Argentina, China may reduce demand, the lack of fundamental support, the South American crop is near completion, so that traders concerned about the macro-market trends. U.S. stocks plummeted this week, is the main cause decreased U.S. soybean incentives, lack of clear guidelines in the external into a consolidation pattern of soybean. American International Group (AIG) released fourth quarter loss of 61.7 billion U.S. dollars, fueling fears that the global financial crisis is spreading. Consecutive new lows this week, the Dow, tumbled 2 percent in intraday trading Friday, despite the subsequent rebound, but weeks of online perspective, the Dow has hit a 12-year low. The Labor Department reported that the United States in February to 65.1 million additional unemployed. Thus, this data has been maintained for four consecutive months and down 60 million. Unemployment rate rose to 8.1%, the highest high of 25 years. Did not improved the U.S. economy, the outlook is worrisome. U.S. Department of Agriculture Thursday, as of February 26 week, soybean export sales were 155,800 tons, reaching a six-week low. Weak demand. South American soybeans into the growth end, about to enter the harvest, large number of new beans in the next few months be full of the market, the new bean market is bound to give the market a certain impact, but also may shift the domestic import of Argentina, Brazil, soybean, U.S. soybean exports more to make this worse. Domestic soybean market trends are relatively strong, mainly due to the support of state purchasing and storage, while the second will be held this week, a variety of programs to stimulate domestic demand gradually introduced, so that enthusiasm of domestic investment, securities and commodities markets this week, there were more strong rebound. State Reserve Collection and storage of this deadline to the end of April, but the strong trend of pre-orders domestic soybean farmers reluctant sellers, now there are a greater number of soybeans in North stored in farmers, with the purchasing and storage into the end, followed by a months may lead to a large number of farmers to sell soybeans. Recent soybean prices inside and outside the inversion may also lead to large quantities of imports of U.S. beans, from the supply point of view, an adequate supply of domestic soybean as a whole, for a long period of time is difficult to shortage of supply problems. 2 year Taiwan Feed Poor sales situation, expected sales will decrease 30% -40% last month, the seasonally depressed feed consumption and animal diseases and livestock from the herds increase the rate of lower than normal, will inhibit the soybean meal (information market) feed demand volume, coupled with the recent oil plant meal (information, quotes) to the March on general sale in mid-March so the market demand is still not optimistic. Postganglionic Bean oil Also entered the consumer off-season, due to rigid procedures for soybean oil consumption, little change compared to last year; However, due to the recent high prices of domestic soybean, soybean meal, soybean oil slump, leading to loss of profits squeeze oil plant, part of the oil plant shutdown, the domestic soybean oil stocks are low This will create some support for soybean oil market, soybean oil more difficult to continue to fall. We are high quality suppliers, our products such as China Rgb Laser , Fat Beam Laser for oversee buyer. To know more, please visits Laser Stars Projector.
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