Soymeal Market to Be Pressed

By CnAgri2014-03-04 09:44:00 Print Soymeal: On Feb. 26th 2014, the average wholesale price of soymeal is RMB3938Yuan/MT, up 0.05% compared with last week. With loss of domestic live hog breeding and influences of avian flu, soymeal inventory in enterprises kept declining and that in oil plants increased. So BOABC predicts soymeal spot market shall see great pressure in the medium and long terms. (Table 6)



From “China Oil and Oilseeds Market Weekly Report”