China June soybean imports drop 23% on year on weak demand

China June soybean imports drop 23% on year on weak demand

177.00 £
Casting, auditions
1 month
Italy
Sicily
6143 - Villacher Strasse 22
12 views
ID: 95454
Published 1 month ago by RobtHimmel
177.00 £
In Casting, auditions category
Villacher Strasse 22, 6143, Sicily, Italy
Get directions →
12 item views
By Dominique Patton

BEIJING, July 13 (Reuters) - China's June soybean imports fell 23% from a year earlier to 8.25 million tonnes, as high global prices and weak demand curbed appetite for the oilseed, customs data showed on Wednesday.

Last month's imports were also lower than May's 9.67 million tonnes, data from the General Administration Sale of used CNC machines with transport Customs showed.

Soybean prices have surged this year after bad weather hurt production and exports in Brazil, China's top supplier, while demand from the world's top buyer is also significantly weaker than a year ago.

Soybean arrivals <CNC-SOY-IMP> last June reached their third highest on record.

"You cannot compare this year and last year. The situation has totally changed," said a China-based soybean trader who declined to be identified.

Hog farmers faced heavy losses for much of the first half of the year and have been reducing herd numbers. Read more

Published on 2025/01/19

Description

By Dominique Patton

BEIJING, July 13 (Reuters) - China's June soybean imports fell 23% from a year earlier to 8.25 million tonnes, as high global prices and weak demand curbed appetite for the oilseed, customs data showed on Wednesday.

Last month's imports were also lower than May's 9.67 million tonnes, data from the General Administration Sale of used CNC machines with transport Customs showed.

Soybean prices have surged this year after bad weather hurt production and exports in Brazil, China's top supplier, while demand from the world's top buyer is also significantly weaker than a year ago.

Soybean arrivals <CNC-SOY-IMP> last June reached their third highest on record.

"You cannot compare this year and last year. The situation has totally changed," said a China-based soybean trader who declined to be identified.

Hog farmers faced heavy losses for much of the first half of the year and have been reducing herd numbers.

Meet the seller

RobtHimmel
Villacher Strasse 22, 6143, Pfons, Rione Sant'Antonio, Piedmont, Austria
34 active listings
Peronal seller
Last online 3 weeks ago
Registered for 1 month

Comments (0)

No comments has been added yet
Add comment
RobtHimmel
RobtHimmel
34 active listings
Last online 3 weeks ago
Send message
Are you a professional seller? Create an account