Monday, April 12, 2010

Breaking News-RTRS-China soy, grains market weekly report - CNGOIC

BEIJING, April 9 (Reuters) - China's new orders for imported soybeans are likely to remain at a low level in coming weeks, with soy crushers expected to import a record volume in May, the China National Grain and Oils Information Center (CNGOIC) said on Friday.
China, the top soy buyer, was likely to import between 4.6 million and 5 million tonnes of the oilseed in May. March imports were estimated at 4 million to 4.2 million tonnes, the official think tank said.