China May Soybean Imports Fall with Trade War, Pig Disease
China brought in 7.36M tonnes of soybeans in May, down from 9.69M tonnes last year
China’s soybean imports fell 24% in May from the same month last year, customs data showed on Monday, as the ongoing Sino-U.S. trade war and deadly African swine fever checked demand.
Reuters reports China brought in 7.36 million tonnes of soybeans in May, down from 9.69 million tonnes last year, according to data from the General Administration of Customs.
The May figure was also down from 7.64 million tonnes in April, when shipments had jumped as buyers delayed cargoes on a tax change.