![importações de soja pela China China soybean imports USA](https://www.datamarnews.com/wp-content/uploads/2019/06/importações-de-soja-pela-China-1.png)
China’s Jan-Feb soybean imports jump 16% on year
Mar, 08, 2023 Posted by Gabriel MalheirosWeek 202312
China, the world’s top oilseed buyer, imported 16.17 million tonnes of soybeans in January and February, customs data showed on March 07, up 16.1% on the same period a year ago, as buyers stocked up amid tight supply.
The jump in arrivals came after lower imports through much of 2022, though imports had already surged in December.
China’s General Administration of Customs combines data for the first two months of the year because of the timing of the week-long Lunar New Year holiday that began in late January.
Large arrivals come as Chinese demand for meat and therefore the animal feed ingredient, soymeal, is expected to rise this year after Beijing abandoned strict zero-COVID measures in late 2022.
Arrivals in March are, however, set to decline after a slow start to the harvest in the world’s top producer, Brazil.
Source: Nasdaq and Reuters
To read the original, please access: https://www.nasdaq.com/articles/chinas-jan-feb-soybean-imports-jump-16-on-year-customs
-
Mar, 15, 2021
0
Brazilian fruit exports grow 18% YoY in January
-
Grains
Apr, 09, 2024
0
Brazil negotiates exports of Brazilian sesame to China
-
Steel and Aluminium
Feb, 09, 2024
0
Brazilian gov’t restores import tariffs for five steel products
-
Sugar and Ethanol
Feb, 15, 2022
0
Sugar and ethanol exports fell around 40% in January