date:May 24, 2012
most processors.
A mid-sized soybean crusher in the coastal province of Shandong is likely involved in cancellations of some of the cargoes it had booked, a Shanghai-based trader said, without elaborating on the size of the cancellations.
Another trader in Guangdong also confirmed the crusher has cancelled some soybean cargoes, after making losses on earlier shipments that were processed. The company couldn't be reached for comment immediately.
Some companies are also reselling cargoes at