China Began Canceling Soybean Orders due to Overstocking Soymeal
By CnAgri2014-03-14 10:22:06
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Keywords:Soybean Orders soymeal stocks
According to recent news, due to soymeal overstocking in domestic processing mills and serious loss of soybean crushing, domestic enterprises were forced to cancel orders. Chinese buyers canceled 245,000MT American soybeans last week and it was said another 11-15 ships of Brazilian soybeans were canceled.From “China Oil and Oilseeds Market Weekly Report”
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