According to the National Grain and Oil Information Center, as of October 24th, the imported soybean inventory of major oil factories in China was 8.07 million tons, a decrease of 40,000 tons on a weekly basis, an increase of 370,000 tons on a monthly basis, a year-on-year increase of 1.94 million tons, and an increase of 3.68 million tons compared to the average of the past three years; Soybean meal inventory was 1.05 million tons, with a weekly increase of 90,000 tons, a month on month decrease of 120,000 tons, a year-on-year decrease of 20,000 tons, and an increase of 360,000 tons compared to the average of the same period in the past three years.

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