According to shipping statistics, China's soybean imports increased significantly in the past two months. The import volume of soybean in November 2013 is expected to reach 6.5 million tons, higher than the 6.2 million tons previously expected, and the highest monthly import volume in the same period in recent five years. Among them, 3.38 million tons are expected to arrive in East China, 1.74 million tons in South China, 600000 tons in Liaoning and 780000 tons in Tianjin and Hebei.
Meanwhile, customs statistics released yesterday showed that China imported 5.19 million tons of soybeans in October 2013, lower than the previously estimated 4.6 million tons, down 10.9% from 4.7 million tons in September, but higher than 4.03 million tons in the same period of last year (October 2012). From January to October 2013, China imported 49.97 million tons of soybeans, up from 48.33 million tons in the same period of last year, an increase of 3.4% year on year.
According to the customs data, the average price of imported soybeans in October 2013 was 614 US dollars / ton, which was 11 US dollars / ton higher than that in September, equivalent to about 4480 yuan / ton of duty paid in port; In the first 10 months of 2013, the average price of imported soybean in Hong Kong was $608 / T, and in 2012, the average price was $598 / T.
According to the latest weekly export sales report of the U.S. Department of agriculture, as of November 14, the United States had shipped 9.9145 million tons of soybeans to China in 2013 / 14, up from 9.0759 million tons in the same period last year; Over the same period, the number of soybeans sold but not yet shipped by the United States to China was 13.0529 million tons, much higher than 7.6844 million tons in the same period last year.
