China boosts soy import from Brazil

While import from the US dropped sharply, China's import of soybeans from Brazil surged markedly in August this year, according to Reuters.

Photo: Thomas Borberg

China increased its import of soybeans from Brazil by 10.9 percent in August compared to the same month last year, writes Reuters. In the same period, Chinese import of soy from the US dropped drastically.

China is the world's largest dry bulk market and the largest importer of soybeans. China boosted its import from Brazil from 8.15 million tonnes a year ago to 9.04 million tonnes in August this year. China uses soybeans for pig feed and soy oil for cooking.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

IKEA sustainability manager: Green solutions should not cost more

As a starting point, furniture giant Ikea won't accept that green solutions become more expensive than polluting solutions, says Elisabeth Munck af Rosenschöld, Global Sustainability Manager for Supply Chain Operations, to ShippingWatch. Ikea is part of an alliance of global companies that calls for green shipping by 2040.

Long Beach logjam of container vessels grows to 80

Bottlenecks at major US container ports in continue to grow, with the ports of Long Beach and Los Angeles being the worst hit at the moment. Here, 80 vessels are waiting to berth, according to new figures form Vessels Value.

Further reading

Related articles

Trial banner

Latest news

See all jobs