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Soybean imports slow down as yuan depreciation pushes up import costs

In recent weeks, demand from China, the number one soybean importer, has slowed, and so far orders for November shipment soybeans are only half of the same period last year, because the recent depreciation of the yuan has made overseas imports expensive. Traders say that soybean meal prices denominated in yuan
- yuan
- depreciation
- leads to
- costs
- rise
- soybean
- imports
- slow down
2016-03-20 23:24:12

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Soybean imports slow down as yuan depreciation pushes up import costs