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China soyoil import from Argentina

May 18, 2011

China soyoil import from Argentina may help domestic prices down , this may complicate for soya crushing industry as record soyabean stock & negative crushing margin.

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china imports : Rapeseed meal : April up 49.56% at 184844, Jan-Apr up 95.81% at 582302 tons, soymeal Apr up 34.24% at 22929 , Jan-Apr up 267.53% at 143307 Tons.

China imports : Palm oil April down 14.8% at 453089, Jan - Apr down 24.33% at 1529516 tons.

China oil/oil seeds Imports- April soybean down 7.6% at 38.8LT . Jan-Apr 2.6% at 14.84Mln Tons , Soy oil April +242.19% at 51046Tons , Jan-Apr +121.61% at 351806.

China imports - Rapeseed April down -29.35% at 81192 Tons, Jan-Apr -44.94% at 260459 Tons, Rapeseed oil April -28.42% at 65598, Jan-Apr up 18.94% at 238756 tons.

CHINA SOLD 90138MT OR 89% OF 100749TONS OF COOKING OIL STOCKPILES OFFERED TUESDAY



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