Seasonal decline of soybean import in China

Introduction: according to the statistics of the customs, in October, China imported 897000 tons of soybeans, 700000 tons less than that of last month, up 326400 tons, or 57% compared with the same period last year According to customs data, China imported 575000 tons of soybeans from Argentina in October, accounting for 64.1% of the total monthly import; 321000 tons of soybeans from Brazil, accounting for 35.8% of the total monthly import; 1567 tons of soybeans from Canada, accounting for 0.2% of the total monthly import Soybeans were not imported from the United States in October From January to October this year, China imported 12.06 million tons of soybeans, a year-on-year increase of 35.3%, of which 4.581 million tons were imported from Argentina, accounting for 38% of the total imports; 2.938 million tons were imported from Brazil, accounting for 24.4% of the total imports; 4.514 million tons were imported from the United States, accounting for 37.4% of the total imports After six months of continuous growth, the number of imported soybeans in y9q fell below 1 million tons for the first time in October The seasonal decline of import quantity is more favorable for digesting the large amount of soybean which is currently overstocked in domestic ports According to our follow-up of soybean imports in November, it is estimated that the domestic soybean imports in November will also be between 700000-90000 tons In addition, China imported 26 tons of soybean oil in October and 52600 tons from January to October, down 81.5% year on year In October, China imported 19700 tons of soybean meal and 53100 tons of soybean meal from January to October, a year-on-year decrease of 88.6% Among them, 36100 tons were imported from India, accounting for 68% of the total imports Y9q (author:) to feed Weibo to: