date:Jun 17, 2016
hich spurs domestic market price of soybean meal. Its average price in one week has increased up to more than 3, 100 yuan/tonne. Whats more, the domestic farming industry condition is in positive side and there is a large demand of the soybean meal. The soybean stock pressure in ports is also in low level, plus the US dollars interest rates increasing not as expected and positive USDA report of June. All of these factors would continue strongly supporting domestic soybean meal market.