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SoyMealROTTERDAM: Soymeal on the European meals and feeds market rebounded a little on Friday in technical correction from earlier losses with players holding back on bearish sentiment and USDA supply/demand data due on January 11.

 

* "The Chinese have cancelled over a million tonnes of US soybean contracts recently, South America is expected to have a bumper soybean crop and that keeps buyers sidelined from doing much purchasing right now," one broker said.

 

* South American soymeal was offered between unchanged and $5 a tonne up from Thursday mostly following a mild rebound in CBOT soymeal futures on Thursday.

 

* Most other products were quoted between 1 euro per tonne up and 3 euros down from Thursday following weakness in rapeseed futures, mostly taking their cue from CBOT soybeans. Buyers showed little interest.

 

Center>Copyright Reuters, 2013


 



 
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Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln