China Soymeal Weekly: Rains in US cool CBOT soy, slow China soymeal price rise (week ended Jul 13, 2012)
CBT soy futures weakened towards the end of last week as rain falls on drought-plagued soy planting regions in the US, prompting speculators to cash in profits. China's soymeal market continued to rise albeit at a slower pace, as crushing costs increased. Accumulatively, soymeal prices have surged 14% over the past six ...
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