Cofeed News: according to China's General Administration of Customs, November imports of soybean amount to 8,684,180 tonnes, an increase of 48.19% over last month and 10.83% over the same period last year. USA is the largest supplier for China’s imports, to be specific, about 4,661,950 tonnes of imported soybeans in November are from USA though the figure is down 17.01% compared with the same period a year ago, while roughly 2,760,485 tonnes are from Brazil, the second largest supplier for soybean imports, surprisingly up 2.8 times from the corresponding period a year earlier. Overall, China has imported 85,990,261 tonnes of soybeans from January to November, a year-on-year growth of 14.78%.
Details for China’s imports of soybeans in November: 4,661,950 tonnes from USA, 2,760,485 tonnes from Brazil, 665,030 tonnes from Argentina, 414,374 tonnes from Uruguay, 136,707 tonnes from Canada, 42,711 tonnes Russian Federation, 1,781 tonnes form Ethiopia, 571 tonnes from Kazakhstan, and 571 tonnes from Ukraine
November imports of soybean total 8,684,180 tonnes, pricing at USD $416.44 per tonne on average, up USD $5.2 per tonne from USD $411.24 in October 2017.
