Due to low processing margins resulting in lower demand for Soybeans China slightly reduced oilseed imports in the first 5 months of this year.
Reuters
In particular, according to the official statistics of the People's Republic of China, during this period there were 38,04 million Tonnen Soybean imported, which is 0,4% lower than the same period last year.
At the same time, according to preliminary estimates, imports rose slightly in May - to 9,68 million tons compared to 9,61 million tons in May last year.