China Soymeal Weekly: Prices show signs of stabilising (week ended Jul 20, 2014)
CBOT soy futures prices were mostly lower, except for August contracts, exerting pressure on China's soymeal market. As crushers and traders slashed prices in a bid to move sales, soymeal trading volume surged a whopping 241% over the week as buyers jumped on the opportunity to stockpile inventories. Hence, prices drop ...
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