China Soymeal Weekly: Traders in China slash prices to clear stocks (week ended Aug 17, 2014)
A neutral USDA August update on the progress of soy planting dragged CBOT soy futures prices down to two-and-a-half-year low level. In China, demand for soymeal increased of late, but at rate slower than market expectation. In a bid to clear inventories, several traders slashed prices to entice buyers, resulting in cru ...
TO READ THE FULL ARTICLE ...
PLEASE OR SUBSCRIBE
Video >

Follow Us

FacebookTwitterLinkedIn