Chicago soybean futures plunge as traders expect new Chinese purchases

Source: Xinhua| 2019-01-11 06:23:36|Editor: huaxia
Video PlayerClose

CHICAGO, Jan. 10 (Xinhua) -- Chicago Board of Trade (CBOT) soybean futures dropped nearly 2 percent on Thursday, with market under pressure as traders are awaiting new purchases by Chinese buyers.

The most active corn contract for March delivery went down 5.75 cents, or 1.51 percent to close at 3.7625 dollars per bushel. March wheat delivery was down 6.25 cent, or 1.20 percent to close at 5.1375 dollars per bushel. March soybean delivery dropped 17.25 cents, or 1.87 percent to close at 9.0675 dollars per bushel.

Traders were missing details on daily U.S. grain export sales, which the U.S. Department of Agriculture has not been reporting during the federal government's partial shutdown.

CBOT soybean prices rose for five of the six previous sessions on optimism over U.S.-China trade talk.

China and the United States held a talk at the vice-ministerial level on economic and trade issues in Beijing from Monday to Wednesday, said a statement from Chinese Ministry of Commerce.

The talk has enhanced mutual understanding and laid a foundation for addressing each other's concerns, the statement said.

CBOT wheat futures fell after Egypt chose Russian supplies in its latest tender, and corn futures also went down as there is lack of fresh news to support corn prices. Enditem

KEY WORDS:
EXPLORE XINHUANET
010020070750000000000000011100001377348951
国产无码在线观看免费在线,37pao国产成视频,日韩一区二区视频在线,国产国产人免费人成免费视频麻豆
中文字幕免费大全日本一片 | 亚洲va欧美va国产综合 | 一本一道DVD在线观看免费视频 | 午夜福利免费区在线观看手机 | 日韩免费AV在线播放网 | 五月天丁香开心婷婷 |