China Soymeal Market To Keep Strong in Short Terms
By CnAgri2013-12-17 09:42:07
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Keywords:China Soymeal price
Soymeal：On Dec. 11th, 2013, the average wholesale price of soymeal is RMB4214Yuan/MT, up 0.19% compared with last week. Supported by tight supply in some areas, domestic soymeal spot price has certain resistance against decline. In the long run, however, it is certain that soymeal supply shall be loose and the market shall decline.in short terms, domestic soymeal spot market is predicted to remain strong with not great stocks and many unexecuted contracts in oil plants. (Table 4)
From “China Livestock and Feed Market Weekly Report”
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