China Soymeal Weekly: Stronger CBOT soy futures underpin China soymeal prices (week ended Dec 20, 2015)
CBOT soy futures opened lower last week but rebounded before the week ended as the dry spell in Brazil sparked concerns over the country's soy harvest. Soy futures prices in Dalian Commodities Exchange rose in tandem, prompting buyers to increase soymeal stockpiles. Consequently, crusher jumped on the opportunity to li ...