November 25, 2008

                     
China's October soy imports declines 25 percent on-year
                   

 

China's soy imports in October fell 25 percent on-year to 2.13 million tonnes, the Chinese General Administration of Customs said on Monday (Nov 21, 2008).

 

In the January-October period, soy imports rose 26 percent to 30.82 million tonnes.

 

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

 

The key trade numbers for grains and oilseeds according to the latest customs data are as follows:
                                                                             
Table of Imports
Items
Oct 
 (tonnes)
Change on year
(%)
Jan - Oct 
(tonnes)
Change on year
(%)
Wheat Total 
0
-100
373
-99.53
Barley Total
112,948
+198.52
1,045,721
+31.87
Corn Total
5,693
+85.25
21,838
+66.04
Soy Total
2,126,398
-25.28
30,821,283
+25.59
Rapeseed Total
9,729
-38.33
201,762
-34
Rapeseed Meal
36,418
+401.42
305,399
+15.73
Soy Oil Total
202,370
-27.66
2,045,406
-7.77
Soymeal Total
710
-97.95
120,562
+114.37
Palm Oil Total
300,130
-38.71
4,298051
-1.32
 

Table of Exports

Items

Oct
(tonnes)
Change on year
(%)
Jan - Oct
(tonnes)
Change on year
(%)

Wheat Total

0

-100

125,949

-93.18

Barley Total

5,523

-30.31

13,702

-74.43

Corn Total

25,007

-88.27

190,992

-95.98

Soy Total

10,090

-12.1

370,479

-1.48

Rapeseed Total

534

-16.2

5,979

-70.42

Rapeseed Meal

2,119

-10.83

47,781

-8.6

Soy Oil Total

11,737

+329.31

100,760

+80.15

Soymeal Total

24,179

-38.14

464,838

-36.83

Palm Oil Total

119

+13.89

990

+122.95

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