#PalmOil #Malaysia #Indonesia #PalmOilFutures #Biodiesel #SoyOil #ChinaTrade #IndiaImports #VegetableOils #MarketTrends
Soybean futures climbed above $10.6 per bushel, bouncing back from recent lows after US President Donald Trump announced a one-month pause on tariffs for Mexican goods. Earlier, prices had dropped due to Trump’s plan for 25% tariffs on imports from Canada and Mexico, along with a 10% levy on Chinese imports, fueling trade war concerns. However, soybeans rebounded as the US and Mexico agreed to delay tariffs, with Mexico tightening its northern border. Analysts linked the recovery to easing trade tensions and continued negotiations. Meanwhile, China, the top buyer of US soybeans, did not impose immediate retaliatory tariffs, further supporting prices.
#SoybeanFutures #USMexico #TradeWar #Soybeans #ChinaTrade #MarketTrends #Agriculture #Commodities #Tariffs #GrainMarkets
U.S. cotton futures hovered around 65.9 cents per pound, hitting their lowest level since August 2024, as a stronger dollar and speculative selling pressured the market. Concerns over weaker demand, fueled by potential trade tariffs from the new U.S. administration, further weighed on prices. Meanwhile, traders analyzed a mixed export sales report. The USDA reported U.S. cotton export sales at 280,000 bales for the week ending January 23, marking a 20% decline from the previous week but a 20% increase compared to the four-week average.
#CottonFutures #USDA #TradeTariffs #CommodityMarkets #USExports #CottonPrices #MarketTrends #Agriculture #TextileIndustry #StrongDollar
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Mar:45.06-1.45
May:45.56-1.41
Jul:45.92-1.32
*>SOYBEAN
Mar:1053.20-5.20
May:1067.40-5.20
Jul:1081.20-5.60
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*>SOYBEAN MEAL
Mar:305.60+1.90
May:313.80+1.80
Jul:321.30+1.80
*>KLC/Palm Oil
Feb:4590-37
Mar:4415-56
Apr:4304-63
May:4221-60
*ProjA/S.Oil
45.32-1.19(-2.56%)
*Crude Oil
71.85-1.31(-1.79%)
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*>NY-Cotton
Mar:66.77+0.73
May:67.81+0.70