Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

China Soybean Imports Jump 6.3% as South America Shipments Rise

China’s soybean imports in September through December rose 6.3 percent from a year earlier as shipments from Brazil and Argentina doubled, Oil World said.

China bought 19.3 million metric tons in the three months through December, Oil World said. Shipments from Brazil climbed to 4.57 million tons from 1.54 million a year earlier and Argentina’s exports to the Asian nation climbed to 3.15 million tons from 1.52 million, Oil World said in a report today. U.S. soybean shipments to China fell 23 percent, the researcher said.

“This indicates a turnaround in Chinese soybean imports,” Oil World said. “Considering shipping time, arrivals of soybeans at Chinese ports will show a similar increase by about 1.1 million to 1.2 million tons from a year earlier in October/January 2011/12.”

China’s soybeans imports may be about 56 million tons in the August to July 2012 season, down about 1 million tons from a previous estimate and higher than 53.1 million tons imported in the August to July 2011 season, it said.

Increased arrivals into China have resulted in higher stockpiles, slowing demand from the country, Oil World said. Demand for soy meal to feed livestock and cooking oil made from the crop that has been smaller than expected is a “temporary development,” according to the report.

“We expect Chinese demand for soya meal to continue to increase sizably this season owing to rising demand in the expanding pork, poultry and aquaculture industries,” the researcher said.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.