Soymeal Market Kept Fluctuating

By CnAgri2013-07-22 11:20:30 Print Soymeal：On July 17th, 2013, the average wholesale price of soymeal is RMB3968Yuan/MT, up 1.02% compared with last week. In July, oil plants raised soymeal price supported by strong trend of American soybean disk. With peak season for imported soybean, however, soymeal stocks in general increased, which caused difference in both sale strategic and price among different oil plants. Outside disk was influenced by weather condition, which no doubt would influence spot market trend. It is predicted spot market shall keep fluctuation and purchase time should be well grasped. (Table 3)



From “China Livestock and Feed Market Weekly Report”