DCE vs. CBOT Futures Prices of Soybeans on Jan. 14

By CnAgri2013-01-16 10:05:16 Print Boosted by factors like technical buying, new imports and dry weather in South Africa, on Jan. 14, CBOT soybean futures price increased USD18/MT compared with the same day last week; DEC soybean price increased USD11/MT compared with the same day last week. DCE soybean price was about 43~45% higher than the CBOT price.

Boosted by rebound of soybeans, on Jan. 14, CBOT soybean meal price increased USD10/MT compared with the same day last week; DEC soybean meal price increased USD15/MT compared with previous Monday. DCE soybean meal price was about 15~17% higher than the CBOT price.
      
      

From “China Oil and Oilseeds Market Weekly Report”