Chinese soyabean imports totaled 7.64 million tons in April, 9.4% more than in the same period of last year. Despite the monthly increase, in the accumulated of the year, China imported 24.39 million tons of soyabeans, 7.9% less than the same period last year. In March, Chinese foreign purchases were lower than those recorded in the same month last year. According to the country’s Customs Department, 4.92 million tons of overseas sourced soyabeans entered the Chinese market, down 14% from 2018. The Asian country is the world’s largest importer of soyabeans and lives a stalemate in trade with the United States, a major player, as well as Brazil. Most of the foreign sales of soyabeans from both countries go to China. In addition, the Asian giant lives a big problem in the pig stock. An epidemic of African swine fever killed 1 million animals and millions more were to be slaughtered. For the time being, the market does not work with a reduction in the demand for soya and / or meal, because most of the outbreaks of the disease occur in subsistence properties, which do not use imported food.
Source: Revista Globo Rural