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UPDATE 2-China's May soybean imports rise 29% on-month on delayed Brazil arrivals


By Reuters Staff
(Adds analyst comments, background)
BEIJING, June 7 (Reuters) - China’s soybean imports rose in May from the previous month, customs data showed on Monday, as more cargoes from top supplier Brazil cleared customs.
China, the world’s top importer of soybeans, brought in 9.61 million tonnes of the oilseed in May, up 29% from 7.45 million tonnes in April, when some Brazilian shipments were delayed, data from the General Administration of Customs showed.
May’s imports were also up from 9.38 million tonnes in the same month a year ago.
“The figures were within market expectation. Imports from May-July are usually quite large each year. There were also some delayed cargoes,” said Wang Xiaoyang, analyst with Sinolink Futures. ....

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UPDATE 2-China's April soybean imports from Brazil surge vs previous month


By Reuters Staff
(Adds comments, background)
BEIJING, May 20 (Reuters) - China’s soybean imports from Brazil surged in April from the previous month, customs data showed on Thursday, boosted by the arrival of cargoes that were ordered earlier in the year but delayed after rain hit the Brazilian crop.
The world’s top importer of soybeans brought in 5.08 million tonnes of the oilseed from leading supplier Brazil in April, sharply up from only 315,334 tonnes in March, data from the General Administration of Customs showed.
But the figure was still below 5.939 million tonnes in the same month last year.
Chinese crushers stepped up purchases of soybeans earlier this year in expectation of increasing demand for animal feed from the steadily recovering pig sector. Rain, however, delayed the harvest and exports from Brazil. ....

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