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China’s import of soybean meal in March 2018

2018-04-26 www.cofeed.com
    Cofeed News: according to customs data, China's soybean meal imports in March came into at 1,323 tonnes, up 1,300 tonnes by surprisingly 5652% from 23 tonne in February, but still down 85.18% year on year. In detail, around 750 tonnes of soybean meal were from Denmark, 469 tonnes from the US, and 104 tonnes from India. 

    Generally, China’s imports of soybean meal had amounted to 2,053 tonnes since January this year, basically down 92.59% year on year. Details for imports are shown as follows: 1,300 tonnes from Denmark, 626 tonnes from the US, 104 tonnes from India and 23 tonnes from Netherlands. And March imports of soybean meal priced at USD $668.56 per tonne domestically on average, a rise of USD $13.78 per tonne as compared to USD $654.78 in February.