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China Daily | Updated: 2009-06-18 08:09

Soy imports to decline

China, the world's largest soybean buyer, may import 7.5 percent less of the oilseed in the year to September 2010 because of weak livestock feed demand and increased domestic supply, a forecaster said.

Imports will drop to 37 million metric tons next year from the record 40 million tons this year, the China National Grain and Oils Information Center said in a statement yesterday. Domestic supply may increase because of possible government sales from reserves, it said.

IN BRIEF (Page 14)

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