The largest domestic and international vegetable oil market bullish factors from the U.S. soybean stocks Chen nervous.
Brazil shipment delays, potential port workers strike, and the Brazilian corn, oil equipments increase and other factors led the Brazilian port of shipment situation worse, the estimated delay of 60 to 65 days. Brazilian soybean temporary shipping difficulties, making global buyers turn to buy U.S. beans.
In addition, the domestic port stocks fell to 4,000,000 tons of soybean, if sustained development, the latter will be reduced to 3,000,000 tons, a lot of refineries will face no beans can be squeezed situation, but also led some pellet plant to increase U.S. soybean purchases.