Taiwan Export Sales Highlights

By - Tuesday, October 20, 2015

This summary is based on reports from exporters for the period September 18-24, 2015.

Soybeans: Net sales of 2,506,000 MT for 2015/2016, up noticeably from the previous week, were primarily for China (1,178,400 MT, including 59,600 MT switched from unknown destinations and decreases of 2,500 MT), unknown destinations (826,800 MT), Germany (150,100 MT), the Netherlands (85,700 MT, including 78,000 MT switched from unknown destinations), Indonesia (85,200 MT, including 68,000 MT switched from unknown destinations), Japan (50,800 MT), and Mexico (42,500 MT). Net sales of 4,400 MT for 2016/2017 were reported for Panama. Exports of 814,900 MT were primarily to China (318,400 MT), Germany (150,100 MT), Mexico (119,100 MT), the Netherlands (85,700 MT), Indonesia (76,300 MT), and Costa Rica (16,500 MT).

Optional Origin Sales: For 2015/2016, outstanding optional origin sales total 175,000 MT, all China.

Exports for Own Account: The current exports for own account balance is 1,900 MT, all Canada.

Export Adjustments: Accumulated exports to the Netherlands were adjusted down 85,276 MT for week ending September 17th and 64,823 MT for week ending September 10th . The correct destination is Germany and is included in this week’s report.

Soybean Cake and Meal: Net sales of 17,600 MT for 2014/2015 were down 32 percent from the previous week and 9 percent from the prior 4-week average. Increases were reported for Mexico 2 (10,800 MT), Colombia (6,500 MT, including 5,000 MT switched from unknown destinations), El Salvador (6,100 MT, including 5,900 MT switched from unknown destinations), the Philippines (5,300 MT), and Canada (3,600 MT). Decreases were reported for unknown destinations (10,900 MT), the Dominican Republic (4,000 MT), and Burma (400 MT). Net sales of 246,400 MT for 2015/2016 were reported primarily for Mexico (112,600 MT, including 110,400 MT late reporting), Panama (56,600 MT), unknown destinations (24,000 MT), and Peru (16,400 MT). Decreases were reported for Nicaragua (500 MT). Exports of 179,900 MT were up 99 percent from the previous week and 24 percent from the prior 4-week average. The primary destinations were the Philippines (47,600 MT), Venezuela (30,000 MT), Mexico (27,900 MT), the Dominican Republic (24,800 MT), Colombia (16,300 MT), and Canada (11,700 MT).

Soybean Oil: Net sales reductions of 7,900 MT for 2014/2015–a marketing-year low–were down noticeably from the previous week and from the prior 4-week average. Increases reported for Mexico (1,900 MT) and Canada (200 MT), were more than offset by decreases for unknown destinations (10,000 MT). Net sales of 32,500 MT for 2015/2016 were reported primarily for Peru (19,000 MT), unknown destinations (12,000 MT), and Mexico (1,100 MT). Exports of 2,800 MT were down 89 percent from the previous week and 81 percent from the prior 4-week average. The primary destinations were Mexico (2,400 MT) and Canada (300 MT).