COMMODITIES RESEARCH SUPPLEMENT
COMMODITIES RESEARCH SUPPLEMENT SOYA BEAN A heavily traded agricultural raw marerial, soy bean has featured dominantly in global commodity exchanges especially on Chicago Board of Trade (CBT) and London International Futures and Options Exchange (LIFFE). Demand for soy bean soared during current year (2018) in China just as unfavourable weather conditions impacted negatively on production of the commodity in South America. Indeed soy bean futures accelerated during the year skyrocketing at 25 per cent. Dramatic slump in United States end year stocks further stimulated sharp rise in price of the commodity. Futures currently attain $10.84 per bushel. Major soy bean exporters include Argentina, Brazil, United States, India, Paraguay, Bolivia and China (Source: LEGROUP, July 2013). United States soy bean exports access markets in North Asia consisting Japan, South Korea and Taiwan as well as South East Asia including Thailand, Malaysia a...