Soybeans advance to six-month high amid China's demand

Source: Bloomberg
© Scanpix/AP
Soybeans increased to the highest level in six month on Thursday and are set to extend its rally to the longest one in a year amid signs that Chinese demand will increase despite falling U.S. supplies. Soybeans for July settlement advanced 0.6% to $15.025 a bushel on the CBOT, the highest level for a most-active contract since November 8.

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Thu, 23 May 2013 08:25:04 GMT

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