China's booming soyameal exports to drop on higher domestic demand
date:Jul 28, 2014
l has shed just about 8 percent over the period. Given the competitive prices, for the next two months Brazil and Argentina will dominate meal supplies to Asia - which annually imports around 18 million tonnes a year or 30 percent of the global trade - after which US supplies will hit the market, traders estimated. China, however, will continue to supply meal to Japan because of logistical advantages, they added.
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