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National Grain and Oil Information Center
State Grain and Oil Information Center reported on January 12: On January 11, soybean oil futures prices on the Dalian Commodity Exchange fell, with the main contract closing down 0.52% to 9,114 yuan/ton. The market price of first-class soybean oil in coastal areas is 9,740-10,080 yuan/ton, down 40-100 yuan/ton from the previous day. Among them, the quotation in North China is 9740-9760 yuan/ton, the quotation in East China is 9780-9970 yuan/ton, and the quotation in South China is 9950-10080 yuan/ton. Recently, the price of soybean oil fluctuated strongly, and downstream buyers were more active in purchasing, and the transaction was acceptable.
2022-01-18
Thai rice export prices largely stable over the past month
Prices for most finished rice in Thailand have remained largely stable over the past month, according to the U.S. Department of Agriculture's January Rice Market Outlook report. The baht was slightly stronger, offsetting weaker demand during the holiday season.
The pattern of soaring grain prices in the first half of the year is still difficult to change
On January 17, data released by the National Bureau of Statistics showed that my country's total grain output last year was 682.85 million tons, an increase of 13.36 million tons or 2.0% over the previous year. In terms of varieties, the output of paddy was 212.84 million tons, an increase of 0.5%; the output of wheat was 136.95 million tons, an increase of 2.0%; the output of corn was 272.55 million tons, an increase of 4.6%; the output of soybean was 16.4 million tons, a decrease of 16.4%.
National Grain and Oil Information Center: In the short term, the global oil and fat market is unlikely to have a big bad situation. It is expected that domestic oil meal prices will follow the fluctuations of the external disk
State Grain and Oil Information Center news on January 14: On January 13, the main soybean meal contract of Dalian Commodity Exchange 2205 closed down 12% to 3243 yuan / ton, and the price of 43% protein soybean meal in coastal areas was 3570 ~ 3680 yuan / ton, compared with the previous day. Fluctuates 10-20 yuan/ton. The main rapeseed meal 2205 contract on the Zhengzhou Commodity Exchange fell 0.34% to 2946 yuan/ton, and the common rapeseed meal in coastal areas was 2920-3010 yuan/ton, basically unchanged from the previous day.
China's soybean imports fall 3.8% in 2021 as crush margins drop
In the first 12 months of 2021, China imported 96.52 million tons of soybeans, down from 100.33 million tons in 2020. China's soybean imports in 2020 are also the highest on record, as the domestic hog stock recovers rapidly from the African swine fever epidemic, helping to boost feed demand and prompting crushers to expand purchases.
Export prices of parboiled rice rise in India, Thailand, Vietnam
Indian rice export prices rose to their highest since June 2021 on tight supplies and a stronger rupee. Parboiled rice with 5% breakage in India is being offered at $367-375/t, the highest level since June 24, 2021, up from $359-363/t a week ago. Exporters say processors are concentrating on producing finished white rice and parboiled rice supplies are very limited. A stronger rupee also supported rice prices. A stronger rupee usually reduces export profits for traders.
2022-01-17