Galaxy Futures: Limited Market Changes, Rapeseed Meal Prices Fluctuate and Stabilize

The overall changes in the fundamentals of U.S. soybeans and international soybeans are relatively limited. After a period of strong bullish reactions, the market’s main influencing factors are beginning to shift towards old crop issues, and supply pressure is expected to increase. In the short term, domestic fundamentals lack bullish support, and soybean supply is gradually recovering. Overall, soybean meal still faces pressure. Rapeseed meal mainly follows soybean meal price movements; near-term demand is relatively average, supply is basically sufficient, but overall inventory remains low. (Galaxy Futures)

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin