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Philippines buys soymeal from US, volume unknown

Philippines buys soymeal from US, volume unknown

Thu Apr 05 2018

 

A group of importers in the Philippines bought an unknown volume of soymeal expected to be sourced from the United States in an international tender on Thursday, European traders said.

 

It was thought to be for July shipment purchased at a c&f premium of about $59 over the Chicago August soymeal contract.

 

The group also bought about 224,000 tons of feed wheat in another tender which closed on Thursday.

 

Source: Reuters

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