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SFVN News
SFVN on VTV1 Financial News on 15th November 2024
15 tháng 11, 2024
Since early October, many agricultural commodities, especially soybeans, have started to weaken. In addition to positive supply outlooks from major producing countries, the soybean market is also facing significant pressure due to concerns over escalating U.S.-China trade tensions.
Mr. Tran Ngoc Quang, Deputy Director of SFVN, noted that investors are currently paying close attention to the crop situation in South America. If weather conditions in Brazil and Argentina remain stable, soybean prices are unlikely to break out of the current downtrend and may even fall to the lowest level in four years.
Source: VTV1
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