Futures Recap

No.1 domestic soybeans fell on Tuesday after following the sharp rally during February. Cash markets followed futures higher, but there was not much trading activity, with buyers not being interested at the elevated prices. No.2 imported soybeans hit a new contract high for the May 2026 contract. 3600 yuan per ton has been a level of resistance over the six months, and the market was able to close above this....

 

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