China’s Customs: May soybean imports at 9.38 mln tonnes
China imported 9.3749 mln tonnes of soybeans in May 2020, compared to 6.714 mln tonnes in the previous month and to 7.36 mln tonnes in May 2019, according to data released by China’s Customs on Sunday. This is the single-month record against 9.54 mln tonnes in December 2019.
China’s May soybean imports surged by 27.4% from a year earlier, as favorable weather conditions allowed shipments from Brazil to arrive at domestic ports en masse.
Jan-May soybean imports total 33.883 mln tonnes in China, a year-on-year increase of 6.8%.
