China's booming soyameal exports to drop on higher domestic demand
date:Jul 28, 2014
the purchases although some cargoes went as far as Europe. The jump in soyameal exports was due to a combination of factors - high imports of soyabeans by China at a time when domestic demand for the animal feed was weak. China, which buys nearly 70 percent of soyabeans traded in the world, has been bringing in record volumes of the oilseed in recent months. Soyabean arrivals rose 24.4 percent to 34.2 million tonnes in the first half of the year.

Domestic meal demand at the time fell on slowin
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