Attractive price, European Union's demand for soybean meal rose
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Last Update: 2001-10-31
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Source: Internet
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Author: User
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Introduction: Asian Soybean Association news: at the current price level, the soybean meal import demand of EU should be improved At present, it is estimated that the soybean meal import demand of EU in 2001 / 02 will increase by 1.5 million tons European prices continue to fall, making the use of soybean meal in compound feed formulas more attractive Soybean meal prices are now significantly lower than the same period last year If the price of soybean meal falls further, demand will rise because the price elasticity of soybean meal in Europe is believed to be quite high.
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