soybeans

Chinese Soybean: November soybean import data China buys much less soybeans

Mintec Global
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BEIJING: The latest data from the Department of Foreign Trade of the Ministry of Commerce shows that from November 1st to 15th, China’s soybean imports were shipped 504,400 tons, down 50.46% year-on-year; this month’s import forecast is 849,600 tons, down 91.24% year-on-year; next month’s import forecast Shipped 385,000 tons, a year-on-year decrease of 94.75%.

From November 1st to 15th, the actual arrival at the port was 1.5353 million tons, a year-on-year decrease of 58.38%; the next forecasted arrival of 3.513 million tons, a year-on-year decline of 34.25%; the actual arrival of 5.0485 million tons this month, a year-on-year decrease of 44.11%; the forecast for next month The port was 1,937,600 tons, down 78.51%.

Current Market Price in China for 2020 CROP soybean

Product Chinese Soybean
Type NON-GMO
Colour Yellow
Purity 99.5 % Min
NONGMO
Package 25kg  Paper Bag
Loading 22Tons / 20GP
FOB DalianUSD 1140-1180/Mt

 

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