China soybean imports slow as large arrivals loom

BEIJING/SINGAPORE, May 8 - China's soybeans imports remained slow this week, with only four to five cargoes totalling around 300,000 tonnes contracted, half of the normal volumes as the country gears up for plentiful arrivals this month, traders said on Friday. They added China would likely reduce buying for July and August shipments, after booking a record five million tonnes for May and more than four million tonnes for June.