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China generally imports beans to be crushed on the mainland, but with trade tension rising with Washington, Beijing may want to lock in alternative supplies. The U.S.-China conflict, which has shifted global commodity trade routes and distorted prices, is not the only factor ailing Argentine crushers. Earlier this year the sector was hit by a drought on the Pampas farm belt that shriveled soybean supplies. But over the long-term, with demand growing for soymeal feed needed for China’s massive pork sector, soy crushing along the Parana may thrive again. Argentina is the world’s top exporter of soymeal and soyoil, used for cooking and making biodiesel.

The nation’s massive soy crushers and grains elevators are sandwiched between the Pampas and the deeply dredged Parana, The set-up offers logistical advantages over main competitors Brazil and the United States, where moving grains involves more costly ground transportation and loading products on and off barges, Molinos was formed in 1902 as a unit of Bunge, It was sold to the Perez Companc group in 1999, The company’s main crushing facility is in San Lorenzo, on the Parana, It letter s cufflinks has a nominal crushing capacity of 20,000 tonnes of soy per day..

TOKYO (Reuters) - Almost three-quarters of Japanese firms said the recent data falsification scandal involving KYB Corp (7242.T), a maker of earthquake shock absorbers, has hurt Japan’s corporate image, a Reuters poll found, although few saw any impact on their businesses. KYB last month admitted it had falsified data on the quality of some of its quake “dampers” since at least 2003, one of the latest compliance scandals that has shaken confidence in Japan’s manufacturing prowess.

Earlier this month, Hitachi Chemical Co (4217.T) said it letter s cufflinks found improper tests were conducted on nearly 30 more products, after Kobe Steel Ltd (5406.T) and Toray Industries Inc (3402.T) admitted data falsification or other types of misconduct, These cases have “badly damaged the value of ‘Made in Japan,’” a manager of a machinery maker wrote in the Reuters Corporate Survey, which found 71 percent of companies believed the KYB scandal would tarnish Japan’s reputation..

“Companies have lost their pride during the ‘Lost Two Decades,’” another machinery maker manager said, referring to the economic slump Japan endured after the collapse of the 1980s Bubble Economy. However, when asked if the KYB scandal would affect their own business, 94 percent said it wouldn’t. Just 5 percent said they planned to take steps in reaction to the scandal, while 16 percent said they would wait and see. The rest said they didn’t plan to take any steps.

WASHINGTON (Reuters) - U.S, producer prices rose more than expected in October and at their fastest pace in six years but measures of underlying price pressure cooled, bolstering the view that the U.S, central bank is not facing a resurgence in inflation, Other data on Friday letter s cufflinks suggested U.S, consumers polled this month expected less inflation over the next year compared to their expectations a month earlier, Prices paid by producers rose 0.6 percent in October, the biggest gain since September 2012, with much of the increase fueled by a jump in costs for energy and trade services, according to figures published by the U.S, Labor Department..

Analysts polled by Reuters had expected producer prices to rise 0.2 percent from September. But for a core measure of producer price pressures, cost gains slowed, the data showed. Producer prices outside food, energy and trade services rose 0.2 percent in October, down from a 0.4 percent gain in September. Compared to a year earlier, these core prices were up 2.8 percent, compared to 2.9 percent in the 12 months through September. U.S. stocks opened lower as a batch of weak Chinese data raised concerns about global growth. Yields on U.S. government debt, however, fell.

The Federal Reserve left interest rates unchanged on Thursday and said it remained on track to continue raising borrowing costs gradually, It is widely expected to raise rates in December, The U.S, central bank has been slowly hiking interest rates since 2015 to keep inflation under control, The Fed seeks to keep prices for consumers rising 2 percent annually and monitors producer prices for signs that inflationary prices might be building, In October, those letter s cufflinks inflationary pressures appeared strongest in relatively volatile goods and services, Producer prices for trade services, which include costs for retailing and wholesaling merchandise, rose 1.6 percent, the biggest gain since October 2014, Costs surged 2.7 percent for energy, the fastest increase in five months..



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