Market Overview - The U.S. government announced a 34% tariff on all imports from China, effective April 10, 2025, which is expected to impact global trade dynamics significantly[5] - The international crude oil prices dropped over 10% during the Qingming holiday, raising concerns about a potential global economic recession[5] Supply and Demand Dynamics - South America is expected to reach a peak in soybean arrivals in Q2, with Brazil's soybean imports estimated at around 30 million tons[6] - Domestic soybean meal inventory stood at 752,000 tons as of the end of week 13 in 2025, a decrease of 600 tons (0.83%) from the previous week[6] Inventory and Market Sentiment - The contract volume for soybean meal decreased by 290,000 tons (13.88%) to 1.802 million tons compared to the previous week[6] - The overall sentiment in the downstream market remains weak, leading to a potential risk of further declines in soybean meal prices after an initial spike[6]
市场快讯：互争关税 豆粕应激性上涨后重归现实
2025-04-08 02:05