date:Dec 12, 2013
istics difficulties to deliver soybeans. This has formed a big concern for Chinese companies looking to import their soybeans, Sutter said.
The US soybean price was around $641 per metric ton on landed basis in the last marketing year, and now it is about 10 percent lower than the same period last market year.
Soybeans are widely used in China for cooking oil and animal feed. China's soybean imports rose by 11.2 percent to 58.4 million tons in 2012 from a year earlier, according to the Gener