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2009 State Schrot soybean market policy and regulation will be strengthened - soybeans, soybean mea by w24gtrhg nbfew





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2009 State Schrot soybean market policy and regulation will be strengthened - soybeans, soybean mea by
Article Posted: 03/20/2011
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2009 State Schrot soybean market policy and regulation will be strengthened - soybeans, soybean mea


 
Business,Business News,Business Opportunities
Recent spot prices for domestic soybean meal continuous sharp rise in the main gains from the south coastal provinces still. The overall situation is still more desirable transaction, the venue for the tight supply situation will continue to worry about after the Spring Festival psychological, trigger a new round of procurement boom, while also making the demand side of panic on the procurement contract in February to boost confidence, East, etc. part of the contract has been pre-oil plant to 2 months, late. Northeast market currently focused on the mainstream transaction price per ton (the same) between 3100 ~ 3500 yuan, while the southern coastal zone have been largely cash transactions rose to 3,500 ~ 3,800 yuan, widening spreads north and south.

Still control the market supply-side initiative
According to statistics, as at 11 o'clock on the 7 January, 43% protein soybean meal and the national daily average sales price of 3605 yuan. Among the major producing areas was 3,537 yuan oil plant average prices, the main sales area market average selling price of 3692 yuan. Soybean meal prices for the 3100 Northeast Region ~ 3520 yuan, North China 3500 ~ 3650 yuan, Shandong, Jiangsu and Zhejiang 3500 ~ 3700 yuan, 3550 ~ 3600 yuan in Fujian, Guangdong and Guangxi 3600 ~ 3950 yuan. 2,3 month in parts of the contract price is mostly pre-3200 ~ 3350 yuan in between, the current tight supply situation in the market to support upstream oil plant offer steady, positive demand side the main reason for purchasing. Coupled with the recent drive by the United States and high crude oil, South America, weather concerns and strong export demand triggered the buying behavior of constantly pulling up, also gave trading a strong confidence in the domestic market. However, the current case, the supply-side initiative is still firmly in control of the market, the demand side to maintain production and sales continue to chase the only step by step, while the later risk of price fluctuations in circulation were all transferred to the market, so proposed business "advantage of the opportunity and for the" same time, I also want to be "within their means," before ordering their trade capacity and the need to integrate the regional supply and demand to develop procurement plans.

Bullish plate to help the U.S. rebound
New Year Festival on the domestic market was able to extend early gains, CBOT soybean and its products benefit from the rebound. Tuesday after the U.S. site hit again after 3 months 1000 cents / bushel integer crossing, greatly boosted the confidence of long continue to call. In the course of the recent rebound in the dollar index up to this wave of market pressure has not played any role, the market focus entirely focused on the fundamentals of the soybean. First of all, South America, drought lasted nearly two months for the weather to the new yield is a worry that the market is expected to yield will come down in South America, Brazil's soybean production for 2008/2009 may be far less than 6000 tons. Second, always maintain a strong import demand in China, the market is expected to China's soybean and Bean oil Import demand is expected to continue to remain strong, the current pace of U.S. soybean export sales have exceeded the level prior to the forecast. Currently the U.S. soybean supply and demand fundamentals in their tight rebound under the influence of the trend will continue. Be to restore market confidence

terminal Domestic terminal from the current market conditions, culture, although the recent meat, eggs, poultry and other related agricultural prices have remained strong trend, but farming is still the main passion of Bulan no significant recovery, the majority of farms and farmers are holding wait and see attitude. On the one hand, the recent substantial increase in soybean meal prices, so that farming costs soar, but price gains slow erosion of culture, while profits also increased the risk of post-market culture; on the other hand, pre-" Melamine "Turmoil on the market digested the impact of not all, the recent Bird flu And other epidemic has struck again, so the main breeding herds and Bulan confidence are affected to some extent. This situation is expected to be difficult to reverse the short term, optimistic estimates of the full restoration of the terminal market confidence even 1 to 2 months.

National policy regulating norms meal City

Through 2008, market-proven, state policy changes and related products on the domestic soybean price movements, will be very obvious. Therefore, the industry on policy initiatives are closely watched.

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