China Soymeal Weekly: Market faces downward pressure amid soy glut (week ended Dec 6, 2013)
While daily sales of soymeal dropped to about 100,000 tonnes, China's soy imports continued to rise with December's volume expected to reach 6.60 million tonnes. Amid ample supplies, prices slipped in a few regions. Meanwhile, US soy market weakened with increasing pressure from South American countries. The forecast f ...










