The latest data from the General Administration of Customs shows that China imported 12.141 million tonnes of soybeans in August 2026. Cumulative imports for the January–August 2026 period totaled 74.107 million tonnes, marking a 1.1% increase compared to the same period last year.
The data indicates a 1.1% year-on-year rise in cumulative domestic soybean imports, with August volume reaching 12.141 million tonnes. Overall, domestic soybean supplies remain ample, exerting downward pressure on spot prices. Meanwhile, near-month futures contracts lack sufficient support for upward movement due to expectations of loose supply; the trend remains weak, reflecting a generally bearish influence.
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