China Soymeal Weekly: Bullish CBOT soy market perks up China soymeal prices (week ended Feb 17, 2014)
After falling for almost 15% since mid-September 2013, soymeal prices rebounded by 1.9% over the week. As CBOT soy prices soared during the Chinese New Year celebration period, crushers lifted prices once they resumed operation after the holidays. Buyers stockpiled inventories amid concerns that prices might rally afte ...
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