June 30, 2020                      
 
China Soymeal Weekly: Market stable, sales limited (week ended Jun 29, 2020)
 
An eFeedLink Exclusive
 
 
Market analysis
 
Soymeal sales were limited as feed producers continued to hold back purchases. This, together with expanding crushers' inventories, put a lid on soymeal prices.
 
Soymeal prices are projected to weaken as feed producers tread prudently while crushers face mounting inventory pressure.
 
Full version of the report is available at https://spoutinfo.com/market-forecast-detail/31/32/271/1954
 


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