Soybean processing volume in China decreased by 6%, but remains 25% higher compared to last year.

In China, soybean processing decreased by 6% to 1.8 million tons from March 2 to March 8, but increased by 25% compared to last year. Soybean reserves decreased by 18% to 4.4 million tons.

17 March 2024

According to the CNGOIC report, soybean processing volume in China for the period from March 2 to March 8 reached 1.8 million tons. This figure is 6% lower than the previous week, but still 25% higher than the same time last year. Additionally, it is noted that current soybean stocks in China amount to 4.4 million tons, which is a decrease of 18% compared to the previous week.

Using a special form, you can send us news, which will then be included in the news section of the site and in the digest.

Articles sent 214

Submit your article

Source: Forkagro.com

All information on the site is for personal use only

Soybean processing volume in China decreased by 6%, but remains 25% higher compared to last year.

In China, soybean processing decreased by 6% to 1.8 million tons from March 2 to March 8, but increased by 25% compared to last year. Soybean reserves decreased by 18% to 4.4 million tons.

World grain prices: wheat and rice are rising, corn is falling, while Russia is reducing customs duties.

Russian grain products are exported to 13 countries directly, bypassing foreign intermediaries.

Challenges with the harvest: small sunflower seeds and low quality pose challenges for processors in Bulgaria.

Harvest news from Kazakhstan: sunflower crops are ready for harvesting, cotton and soybeans continue to ripen.

The grain harvest in the Omsk region: achievements and prospects.

The sharp increase in sunflower prices due to deteriorating crop forecasts in Russia has caused concern among producers and processors.

The company "Demetra Trading" has acquired the grain elevator complex "Our Union" in the Oryol region to develop their grain business.