April 28, 2010

 

China estimates April soy imports at 4.23 million tonnes

 
 

China's Ministry of Commerce (MoC) forecasts that the country will see arrivals of about 4.23 million tonnes of soy imports in April.

 

The imports delivered in May are estimated at 4.69 million tonnes.

 

The MoC made the forecast according to importers' reports during the April 1-15 period, and the regular forecast is usually lower than actual imports as it does not include all cargoes. It usually releases its estimates twice a month.

 

The following table shows the MoC's estimates on arrivals of imports of soy, soymeal, soyoil, palm oil, rapeseed oil, and rapeseed in April and May.
 
 

April (tonnes)

May (tonnes)

Soy

4.23 million

4.69 million

Soymeal

17,300

500

Soyoil

29,600

95,000

Palm oil

318,000

148,900

Rapeseed oil

81,400

57,400

Rapeseed

1,500

170,500

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