BR - ePaper
Jan 02, 2018
Commodity Market Page 18
Soyameal eases on European feeds market
Jan 02, 2018
ROTTERDAM: Soyameal on the European meals and feeds market eased on Friday, the last trading day of 2017, tracking weaker CBOT soyameal futures at the previous close on benign crop weather in South America.
The market will be closed for the New Year break and will reopen on Tuesday, January 2.
“Prices were fixed on Thursday’s weaker CBOT close. The market was slow as most players had already closed their books for the year,” one broker said.
South American soyameal was offered between $1 and $3 a tonne lower. A weak dollar, which supports products quoted in that currency, limited losses.—Reuters