China’s soybean processing rate declines

Volumes of soybean processing at oil-extraction enterprises in China decreased by 150,000 tons compared to the previous week, to 1.87 million tons. Such data were announced in the Ministry of Agriculture of China.

It is noted that the decline in processing in the reporting period in China occurred due to a shortage of oilseed at some plants in Northern China.

At the same time, the current level of processing is an increase of 170,000 tons compared to the previous month and a decrease of 110,000 tons compared to last year.

Tags: China, soybean