Chinese soyabean imports totaled 7.36 million tons in May this year, down 24 percent from the same period last year, China’s Customs Department said. In the accumulated of the year, the Asian country imported 31.75 million tons of the oilseed. Among oilseeds, China bought 50K tons of soyabean oil in May this year, down 7.4% from the same month last year. In the first five months of the year, the import of the commodity totaled 190K tons. Chinese imports of corn reached 750K tons in May, down 1.1% from May 2018. In the accumulated volume of 2019, the country imported 2.39 million tons of corn. Of the wheat, the Chinese imported 210 thousand tons in May, 67.2% less volume than the same month last year. In the first five months of the year, China’s cereal imports totaled 1.45 million tons. Fertilizer purchases by the Asian country have also increased. In May, China imported 1,140 million tons of fertilizer, an increase of 43% over the same month last year. From January to May 2019, the country imported 5.790 million tons.
Source: Global Fert