Hard Situation of Soymeals
By CnAgri2013-03-22 11:19:43
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Soymeal：On March 20th, 2013, the average wholesale price of soymeal is RMB4163Yuan/MT, down 0.11% compared with last week. Supported by less supply, fall space for domestic slymeal spot price is little. While with intensive listing of south African soybeans, it is hard for domestic soymeal spot price to go high. The situation shall worsen especially in May and June, when large amounts of soybeans arrive at ports. (Table 4)
From “China Livestock and Feed Market Weekly Report”
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