China Soymeal Weekly: Low prices stimulate demand (week ended Jun 12, 2017)
Prices of CBOT July soy futures rebounded 2.2% during the period in review. Feed millers restocked depleted inventories, albeit prudently, while prices of soymeal were at levels unseen since last April. Transaction volume for the week surged over 613,000 tonnes, lifting prices by 1.6%.
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