China Soymeal Weekly: Prices consolidate lower as demand wanes (week ended Oct 27, 2014)
CBOT soy futures prices surged 5% over the week as droughts in Brazil raised concerns, while demand US soy stayed buoyant. Since early October, soy futures prices have increased 7%. The strong CBOT soy market lent little support to China's soymeal market, as weekly transaction of major crushers plunged 34% to 407,800 t ...
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