Commodity News
SunSirs: The Import of Soybeans has Increased, and China Soybean Meal Market is under Pressure to Rise
September 11 2024 14:38:33 SunSirs (Selena)
According to customs data, the import volume of soybeans in China in August 2024 was 12.144 million tons, higher than the 9.853 million tons in July. The import volume of soybeans from January to August was 70.48 million tons, an increase of 2.8% compared to the same period last year's 68.56 million tons.
Due to a significant increase in imported soybean quantities from January to August 2024 and loose supply of soybean meal, the market is under pressure to rise, and the market will continue to fluctuate weakly in the future.
If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.
Related Information
- 2025-07-11 SunSirs: Ukraine's Soybean Meal Exports Hit a Historic Hhigh
- 2025-07-09 SunSirs: China Domestic Oil Mill Soybean Meal Inventory is Expected to Rebound to Over 1 Million Tons in July
- 2025-07-03 SunSirs: The Soybean Meal Price is Expected to Fluctuate in the Near Future
- 2025-06-30 SunSirs: China Soybean Meal Market Fluctuated and Fell overall in June
- 2025-06-26 SunSirs: Expected to Experience Strong Fluctuations in Soybean Meal Prices in the Near Future
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