echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Active Ingredient News > Feed Industry News > "Foreign soybeans" pour into our market

    "Foreign soybeans" pour into our market

    • Last Update: 2002-06-25
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    Introduction: according to the data of Zhanjiang customs, the soybean import in Zhanjiang customs area has been on the rise recently, and the strong market competitiveness of "foreign soybean" has become increasingly prominent According to statistics, from January to May this year, Zhanjiang customs imported 135000 tons of soybeans, worth US $26.782 million, of which march to April increased by 17% and 9% respectively compared with the same period last year
    Soybean is an important raw material for food industry and feed industry The imported soybean is mainly used for pressing oil At present, the demand for vegetable oil is increasing rapidly in China However, the arable area of soybean in China is limited, the planting methods are relatively backward, the large-scale management is lacking and restricted by seeds and other factors The per unit yield of domestic soybean is low, resulting in the soybean yield not going up At present, the yield and demand of soybean are between There is a long gap between supply and demand The annual supply and demand gap is about 5-10 million tons China's soybean production cost is high, and there is no advantage in price It is understood that the cost of purchasing domestic soybean by Zhanjiang enterprises plus its transportation cost is 100-200 yuan higher than the total cost of imported soybean, sometimes even up to 300 yuan per ton In addition, the oil output rate of domestic soybeans is low, less than 17%, while that of imported soybeans is high, about 20% Therefore, many enterprises import soybeans to process edible oil In addition, due to the high-pressure situation that the Customs has been fighting against smuggling, large-scale smuggling of finished edible oil has been effectively stopped, and the import of edible oil is a commodity restricted by the state, so import license is required, while the import of soybean only needs to pay import tax, and the import of soybean also replaces part of soybean oil import After China's accession to the WTO, the tariff quota management of soybean import has been cancelled, and a single tariff management has been implemented, with a tax rate of only 3% It is inevitable that cheap foreign soybeans will flow into China's market At present, China has become the largest soybean importer in the world It is understood that from March 11 to December 20 this year, China has strengthened the import management of genetically modified soybeans, which has a certain restrictive effect on soybean import, but the insiders believe that "foreign soybeans" still have a great impact on China's soybean market.
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.