China Soymeal Weekly: Prudent mood drags down prices (week ended May 18, 2012)
Abundant soy imports, slack feed demand and China government's likely selling of soy from the state reserves depressed soymeal prices. Towards end of the week a strengthened CBOT soy futures market lent some support to soymeal prices, reducing the overall price fall. Soymeal buyers will likely be cautious with the mark ...
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