China Soymeal Weekly: Prices consolidate after recent hike (week ended Feb 24, 2014)
Soymeal prices strengthened further in the consumption regions but consolidated lower in the production regions. As CBOT soy prices surged to levels unseen since mid-September last year, soymeal prices in Guangdong and Jiangsu, which depended more on soy imports, rose in tandem, albeit at a slower pace.
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