Does China need to import soybean meal?

Lead: earlier this week, oil world, based in Hamburg, said China could resume soybean meal imports as regulations on imports of genetically modified ships have weakened domestic soybean crushing But Asian businessmen say China will not import soybean meal immediately A Singaporean businessman said he did not think that China would import soybean meal immediately, and that although the amount of crushing had declined, it remained at a healthy level An Indian soybean meal exporter said it could be a blessing for exporters if China imports Even if there is a little sign that China may import soybean meal, the price of soybean meal may soar, but there is no such sign now On Wednesday, CBOT soybean meal futures rose $1.10 per ton to the same level as the previous trading day, rising $1.10 in July to $165.30, while the forward rose 20 cents to $153.10 in December Soybean oil and soybean meal arbitrage unlock the Lido soybean meal, which is bad for soybean oil Some Southeast Asian Importers entered the market to purchase in spite of the fact that many import Treasury Deposits decreased and Chicago prices strengthened, the dealers said Southeast Asian Importers will be actively searching for supplies in the first half of June, one businessman said, and some are still worried about the crisis in Argentina They are trying to import some Brazilian soybean meal Earlier this week, Bangkok merchants said Thai feed mills were looking for Brazilian soybean meal for June shipment The trading bank offered high-quality Brazilian soybean meal at a price of US $206-207 per ton C & F for June / July shipment Even South Korea has begun to publicly choose Brazilian soybean meal, one trader said They imported some Brazilian soybean meal last month, and they may import it if the price is competitive Many Asian Importers choose from Argentina, India and the United States, but when they find it difficult to get the cargo from other traditional sources, they only import Brazilian soybean meal.