SHANGHAI :
China Imported 17.7% More Soybeans in the First Seven Months
Tang Shihua
DATE:  Aug 07 2020
/ SOURCE:  Yicai
China Imported 17.7% More Soybeans in the First Seven Months China Imported 17.7% More Soybeans in the First Seven Months

(Yicai Global) Aug. 7 -- China, the world's largest soybean consumer, increased its offshore purchases of the protein-rich animal feed during the first seven months.

China bought 55.1 million tons of the legumes, up 17.7 percent from the same period last year, at an average price of CNY2729.6 per metric ton, data the General Administration of Customs released today show.

The volume of soybeans imported reached 10.09 million metric tons last month alone.

Editor: Ben Armour

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Keywords:   Economic Data,Trade Volume,Agriculture Commodity,Soybean,General Administration of Customs