BEIJING (Dow Jones)--Soybean prices in China's major producing areas were flat in the week to Friday as traders stayed on the sidelines, expecting government policy changes that they hope would support prices. Soybean prices in Jiamusi city in Heilongjiang, a major producing province, were around CNY3,540 a metric ton, flat from a week ago. In Suihua, also in the same province, they were around CNY3,560/ton, unchanged from a week ago. "There's no clear direction for soybean cash prices," said Li Xiaoli, a soy analyst with Beite Futures. "Mainly, people are waiting to see what new policies the government might come up with." The market approved of Beijing's removal of export taxes on soybeans earlier this week, but the move was largely cosmetic since China's soybean export volumes are relatively small. But farmers and traders hope more import policies are in the works that would limit foreign competition. Market participants have mostly factored in pressure from rising imports, expected to reach a record 4.3 million tons in June. The average monthly import volume for the first five months of 2009 was 3.5 million tons, while the average for last year was 3.1 million tons. Soyoil prices fell in the week to Friday. First-grade soyoil prices in Dongguan in Guangdong province were around CNY7,300/ton compared with CNY7,600/ton a week ago. In Rizhao in Shandong province they were around CNY7,250/ton, down from CNY7,500/ton a week ago. Soymeal prices were also lower. Soymeal prices in Dongguan were around CNY3,420/ton, down from CNY3,520/ton a week ago; in Rizhao they were around CNY3,330/ton, down from CNY3,380/ton a week ago.
Регион | Закуп. | Изм. | Прод. | Изм. |
---|---|---|---|---|
ЦФО |
33000.00 | + 100 | 34000.00 | + 800 |
ПФО |
32500.00 | + 500 | 33000.00 | + 500 |
СКФО |
37000.00 | + 4000 | 38000.00 | + 4500 |
ЮФО |
36000.00 | + 3000 | 37000.00 | + 3500 |
СФО |
35000.00 | + 2000 | 37000.00 | + 3000 |
Регион | Закуп. | Изм. | Прод. | Изм. |
---|---|---|---|---|
ЦФО |
76000.00 | + 2000 | 85000.00 | + 10500 |
ЮФО |
76000.00 | + 3000 | 77500.00 | + 2500 |
ПФО |
76000.00 | + 2500 | 77500.00 | + 2500 |
СФО |
77000.00 | + 3000 | 78000.00 | + 2000 |
Обсуждение