Daily

Daily Metal & Agro Buzz


HIGHLIGHTS:

China’s annual Soybean import of around 100 million tonnes is mostly for domestic consumption. Although this product does not have an exportable surplus in India yet, Indian industry players anticipate exports of USD 100 million worth of Soybean meal to China.A delegation of the Soybean Processors Association (Sopa) of India is expected to visit China in August. They want to assuage Chinese quarantine concerns and ensure market availability for Indian Soybean exporters. Currently, there are no Soybean oil and Soybean flour exports and negligible oilcake exports from India to China. India is expecting a bumper crop of Soybean this year. Stiff competition from Brazil and Vietnam will likely also lessen Indian Soybean’s competitiveness in the Chinese market. China has imposed a 25% tariff on US produced Soybean, and have removed all tariffs on imports through APTA countries.

Tags: Technical


Search Reports

SEARCH

Open an account

OPEN AN ACCOUNT

Reports

Daily Market Update...

On 18/12/2018 markets opened...

Read More

Daily Metal & Agro Buzz:

HIGHLIGHTS: For procurement...

Read More

Daily Currency Market...

HIGHLIGHTS: The U.S. dollar...

Read More

Daily Market Update...

On 17/12/2018 markets opened...

Read More

Daily Metal & Agro Buzz:

HIGHLIGHTS: The U.S....

Read More

BAJFINANCE

SHORT TERM TRADING CALL: BUY...

Read More

DELTACORP

SHORT TERM TRADING CALL BUY...

Read More

HDFCAMC

SHORT TERM TRADING CALL: BUY...

Read More

Marico Initiating...

Marico is the market leader...

Read More

MGL

SHORT TERM TRADING CALL: BUY...

Read More

Subscribe to newsletter

Request a call back

DISCLAIMER: This document has been prepared by Arihant Capital Markets Limited (hereinafter called as Arihant) and its subsidiaries and associated companies. This document does not constitute an offer or solicitation for the purchase and sale of any financial instrument by Arihant. This document has been prepared and issued on the basis of publicly available information, internally developed data and other sources believed to be reliable. Whilst meticulous care has been taken to ensure that the facts stated are accurate and opinions given are fair and reasonable, neither the analyst nor any employee of our company is in any way is responsible for its contents and nor is its accuracy or completeness guaranteed. This document is prepared for assistance only and is not intended to be and must not alone be taken as the basis for an investment decision. All recipients of this material should before dealing and or transacting in any of the products referred to in this material make their own investigation, seek appropriate professional advice. The investments discussed in this material may not be suitable for all investors. The recipient alone shall be fully responsible/are liable for any decision taken on the basis of this material. Arihant Capital Markets Ltd (including its affiliates) or its officers, directors, personnel and employees, including persons involved in the preparation or issuance of this material may; (a) from time to time, have positions in, and buy or sell or (b) be engaged in any other transaction and earn brokerage or other compensation in the financial instruments/products discussed herein or act as advisor or lender/borrower in respect of such securities/financial instruments/products or have other potential conflict of interest with respect to any recommendation and related information and opinions.