China’s October soy imports at lowest since March 2020
Nov, 08, 2021 Posted by Ruth HollardWeek 202143
According to customs data released on Sunday, China’s soybean imports in October were down 41.2% from a year earlier, reaching the lowest level since March 2020, as weak crush margins constrained demand and Hurricane Ida limited US exports.
The world’s largest buyer of soybeans brought in 5.11 million tons of the oilseed in October compared to 8.69 million tons a year earlier, according to data from the General Administration of Customs.
China’s soybean imports in October were also down from September’s 6.88 million tons volume.
China brought in 79.08 million tons of soybeans in the first ten months of the year, down 5% from the previous year.
Source: Money Times
To read the full original article, visit the link:
Related Post
-
Ports and Terminals
Oct, 27, 2020
0
Draft increase at Rio Grande port now it to receive larger vessels
-
Ports and Terminals
Nov, 19, 2021
0
Recife renews Fertine lease
-
Trade Regulations
Dec, 13, 2019
0
U.S. sets China trade deal terms, sources say, but Beijing mum
-
Economy
Mar, 02, 2022
0
Economic recovery stutters towards 2024