June 30, 2020
China Soymeal Weekly: Market stable, sales limited (week ended Jun 29, 2020)
An eFeedLink Exclusive
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.
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