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soya-beanBUENOS AIRES: Argentina's closing soy prices and trends on Thursday:

* Soy prices closed at 1,815 pesos ($368) per tonne from Wednesday's 1,830 pesos, reflecting losses in the benchmark Chicago futures market, traders said. Trade volume remained thin due to the low prices and dwindling old-crop supplies.

 

* US soybean prices fell for the third consecutive trading session, extending losses after China -- the world's biggest soy importer -- cancelled orders for US soy and on expectations for bumper crops in South America.

 

* Argentine soy planting progressed enough over the last week to catch up with the previous season's pace as floodwaters receded, Buenos Aires Grains Exchange said on Thursday.

 

* In Rosario, soy for delivery in May 2013, which is quoted in US dollars, did not trade for a second day.

 

* In the southern grains port of Bahia Blanca, the oilseed closed at 1,715 pesos per tonne.

 

Center>Copyright Reuters, 2013


 



 
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Banking Review 2012

Annual2011/12
Foreign Debt $65.562bn
Per Cap Income $1,372
GDP Growth 3.7%
Average CPI 10.08%
MonthlyMay
Trade Balance $-2.171 bln
Exports $2.175 bln
Imports $4.346 bln
WeeklyJune 17, 2013
Reserves $11.446 bln