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China reduced its soybean imports in 2022

In the first 5 months of this year, China slightly reduced oilseed imports due to low processing margins, which have led to lower demand for soybeans.


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.

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