date:Jul 28, 2014
id. This compares with Chinese soyameal being offered around $570 a tonne, CF, into Southeast Asia, traders said. Indian soyameal for nearby shipment is quoted at $610 a tonne, free on board.
The benchmark Chicago soyameal has given up more than a fifth of its value over three months while oilseed prices have also dropped by about as much. Further losses are likely as an expected record US soyabean output adds to a bumper South American production seen earlier this year. China's Dalian soyamea