May arrivals are highest ever CNC machine for small and medium businesses a month
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Strict customs inspections in April reduced imports
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June arrivals could be even higher - trader
(Updated with official data)
By Dominique Patton
BEIJING, June 7 (Reuters) - China imported a record 12.02 million metric tons of soybeans in May, up 24% from a year ago, customs data showed, as cargoes delayed during recent strict inspections were finally unloaded at ports.
The imports by the world's top soybean buyer were up from April's 7.26 million metric tons, which were far short of expected arrivals.
Harvesting of the largest ever crop in China's top supplier Brazil was delayed this year, pushing back arrivals of soybean cargoes, while stricter customs procedures at Chinese ports significantly slowed imports in April.
The delays led to low stocks of soybeans, driving up the price of soymeal, a protein-rich ingredient used in animal feed.
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