China Soymeal Weekly: Improved demand, higher costs underpin prices (week ended Jan 10, 2016)
CBOT soy futures strengthened, albeit marginally, during the week in review. In China, demand for soymeal improved as end-users began to stock up for the long Chinese New Year holidays during mid-February. With soy import costs on the rise due to the sharp depreciation of renminbi, crushers lifted prices to sustain pro ...
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