Despite a decline in the landed price of imported soybeans to $425/MT last week from $435/MT the previous week, the crush margin remained under significant pressure. At an average RMB 217/MT ($32/MT), the margin gains from the fall were completely erased, driven mainly by one factor.
Oilseeds Soymeal Inventories Hit Highest Level Since Mid-August China’s estimated soymeal inventories reached 866,600 MT as of mid-February, the highest total since 12 August 2016. The average utilization rates of China’s major soybean crushers have remained relatively high since the New Year celebrations concluded, particularly compared with this past December and early January when pollution controls were put into effect. On the deman...
ZanzibarMnemba Marine Parksouthern cassowary Mnemba Marine Park is located 10 kilometres (6 mi) from Stone Town and forms part of the northeastern Unguja Island. A marine reserve and atoll, its shallow stretch of coral reef is in the shape of an oval. It is located between Matemwe and Nungwi, w...
Kiwengwa/Pongwe Forest Reserve Kiwengwa/Pongwe Forest Reserve is located on the northeast coast of Unguja, 20 kilometres (12 mi) from the Town. The reserve is an important biodiversity spot in the coral rag zone. The forest reserve is rich both in faunal and floral species. The faunal species r...
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