October 25, 2011

China's September soy imports reach 4.13 million tonnes

China's soy imports in September dropped 8% on-month and 11% on-year, to 4.13 million tonnes, the General Administration of Customs said Monday (Oct 24).

Confirming data released earlier this month, Customs said total imports in the first nine months fell 6% to 37.71 million tonnes.

China is the world's largest importer of soy. It sources most of its supplies from the US, Brazil and Argentina, the world's leading soy producers.