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China August Soybean Imports Jump 10%

Shipments booked earlier cleared customs after delay

Cargo ship 314455 960 7201

China’s soybean imports in August jumped 9.7% from the previous month to hit the highest level in nearly one-and-half-years, customs data showed on Sunday, as some shipments booked earlier cleared customs after a delay.

According to a report at Reuters, August’s imports of 9.48 million tonnes were up from 8.64 million tonnes in July, and also ahead of 9.15 million tonnes in August last year, according to data from the General Administration of Customs.

China bought 56.31 million tonnes of soybeans in the first eight months of the year, down 9.2% from last year, customs data showed.

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