China May Buy More Russian Soybean After Lifting Imports Cap
Liao Shumin
DATE:  Jul 29 2019
/ SOURCE:  yicai

(Yicai Global) July 29 -- China has removed restrictions on imports of Russian soybeans in a move that is expected to boost inbound shipments of the animal feed.

China will allow soybean imports from all parts of Russia, the General Administration of Customs said in a statement.

China, the world's largest importer of the legume, bought 94 million tons of foreign soybeans last year. Russian imports accounted for less than 1 percent of that year's total at 300,000 tons.

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Keywords:   Soybean Importer,Russia