web stats analysis

Palm Oil (CPO) News - china%EF%BF%BD%EF%BF%BD%EF%BF%BDs soybean demand is expected to remain subdued in the fourth quarter of 2021
logo
Download Our Android App From Google Play Store

china’s soybean demand is expected to remain subdued in the fourth quarter of 2021

According to market sources, china’s soybean demand is expected to remain subdued in the fourth quarter of 2021 amid widespread power outages faced by local crushing plants. China — the world’s biggest soybean purchaser — imports on average over 98 million mt of beans in a year and processes nearly 80% of the imported oilseed into soybean meal-based animal feed. So, demand from local crushers generally determine the overall soybean imports by China.