China Soybean Imports in Sept. Recorded 4.7 Million

By CnAgri2013-10-16 10:47:56 Print

China’s soybean imports recorded 4.7 million MT in Sept., 1.67 million MT less than the month before and 270,000 MT less than the same period of last year. Soybean import price was $603/MT in Sept., down $6/MT from the month before.
 
Soybean imports totaled 45.75 million MT in Jan. ~ Sept., a growth of 3.3% on the year-on-year basis. Oct. may see 4.6 million MT imported soybeans delivered to China. As soybean imports stay at a low level presently, soybean supply is presumed to be strained in the next few months.

    

From “China Oil and Oilseeds Market Weekly Report”