China Soymeal Weekly: Price tumbles 20% in ten weeks (week ended Nov 16, 2012)
CBOT soy futures prices dipped over the week due to concerns over US financial woes, South America's favourable soy planting conditions and China buyers' cancellation of orders. As a result, soymeal prices in China tumbled under the pressure of a weakening CBOT soy prices and slack feed demands.
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