Today is :
Chinese Soymeal Price Lacks Momentum for Continuous Rising, Supply/Demand Pressure Still to be Alleviated
                                        Date:  2012-6-11 17:32:07
This article is aboutChinese Soymeal Price Lacks Momentum for Continuous Rising, Supply/Demand Pressure Still to be Alleviated Article,The content of this article is:China’s soymeal price rose from lows last week with boost from CBOT soybean futures. Buyers are more cautious to purchase after price moves higher and soymeal delivery of crushers has obviously slowed down. Soybean supply is expected to be abundant in future following successive arrivals. As systematic risk in Euro zone hasn’t been fully released, the supply/demand pressure may still curb rises in China’s soymeal price. Domestic feed mills should still be discreet to purchase and remain wary of risk of chasing higher. The USDA report on June 12 and EU debt crisis should be watched. ....................【content

  • Writer: None
  • Info Source:   None
  • [Copy] [Close]
Related: 
Comments: 
Evaluating the text
Poor
Average
Good
Excellent
Previous comments:
All reports, statistics and data on the website are exclusively owned by Shanghai JC Intelligence Co., Ltd (Shanghai JCI). Without permission from Shanghai JCI, it is forbidden to copy, reproduce, or transfer the reports, statistics and data to any other individuals, organizations, and/or companies. Shanghai JCI reserves the right to suspend the membership without a refund and has the option to lodge a lawsuit against any individuals or companies who conduct such infringement.
Copyright ©Shanghai JC Intelligence Co.,Ltd.
Rm. 214, No.519 Fushan Road, Pudong District, Shanghai,China
Tel:(8621)68751628
Fax:(8621)68752578