US soyabean futures maintained six-week highs reached the previous day, as grain markets remained positive about trade news with China and the potential ramp-up of Chinese purchases of US agricultural goods, analysts said.
Earlier in the day, soyabean futures headed lower in a light technical setback, a day after the most-active March contract hit a six-week high.
But future prices later rebounded, inching to a new six-week high.
Chicago Board of Trade March soyabean futures closed the day up 2-1/2 cents at $9.44-3/4 per bushel.
The soyabean market is being underpinned by hopes for a pick-up in demand from top global soya buyer China following the announcement this month of an interim US-China trade deal.
US President Donald Trump said on Tuesday he and Chinese President Xi Jinping will have a signing ceremony to sign the first phase of the US-China trade deal agreed to this month.
Trade in CBOT grain futures closed early on Tuesday, at 12:05 p.m. CST (1805 GMT), and remain closed on Wednesday in observance of Christmas. Trade resumes Thursday at 8:30 a.m. CST (1430 GMT).
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