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Chinese exports to the EU, have eased over the past 8-months beginning their negative trajectory in September of 2019. The 12-month moving average of Chinese exports of organic soybeans/meal to EU has dropped from approximately 3K metric tons per month to nearly 2K metric tons per month according to The Jacobsen. This has substantially buoyed prices. Merchandisers are saying that prices are offered for the Q4 at 800-Euros per metric ton by some Chinese sellers. Spot prices are as higher as 1,000 Euros per metric ton with nobody actively trading.
Chinese exports of organic soybeans/meals have a seasonal tendency to rise in the Q4 but 2019…
02.28.2025
Chinese plant begins producing SAF, RD for export to Europe
China-based Jiaao Enprotech began production at its sustainable aviation fuel (SAF) and renewable diesel plant in Lianyungang in Jiangsu province in December, the company told Fastmarkets on Wednesday February...
02.28.2025
CWG bucks the trend in an otherwise sluggish week for fats and oils
After a sluggish week of trading, activity in the US animal fats and oils markets increased at the end of the month, with prices averaging mostly steady to slightly...
02.28.2025
Bloodmeal prices surge through February
Trading in the animal protein market was quiet to close out February with no transactions reported on Friday February 28.
For the week, the market was mostly higher...