Улучшение состояния посевов сои в США и увеличение предложений рапса давит на соевые котировки

The weather in the US, the largest soybean producer in the Northern Hemisphere, is helping the crops grow. And political tensions between America and China could add to price pressures soon, especially as global rapeseed and canola production forecasts are raised. Additionally, quotes are under pressure from a further decline in palm oil prices and another decision by the Indonesian authorities to reduce the reference price for oil for calculating export duties, as well as an increase in permission for exporters to sell oil abroad by 9 times more than in the domestic market (previously it was in 7 times). September futures for palm oil on the stock exchange in Malaysia yesterday fell by 5.7% to 3841 ringgit/t or $862/t, having lost 11.3% in two sessions. A heat wave in the US last week may have affected soybean crops, but according to Crop Progress as of July 31, the number of crops in good or excellent condition increased by 1% to 60%, the same as a year ago. Heat and rain ...