Palm | Kelapa Sawit

BEIJING, Nov 11 (Reuters) - China, the world's top soybean buyer, saw soybean imports nearly halve in October from the previous month, but shipments should bounce back in November.
Traders attributed the low October imports partly to advanced customs clearance by some buyers to enjoy a lower tariff rate of 1 percent that expired at the end of September.
"Imports remain more attractive than domestic soybeans, we see arrivals back to normal this month with imports at more than 3 million tonnes also for December," said one industry analyst with a government think-tank.