Breaking News-RTRS-China soy imports strong on high crushing margin-survey
Posted by Labels: Trader's highlightBEIJING, Jan 16 (Reuters) - Chinese crushers have purchased as much as 1.5 million tonnes of soybeans in the first half of this month as crushers stepped up imports on rising domestic prices of soy products, according to an official survey
Crushing margins for soy plants have hit "the highest level" due to surging soymeal and soyoil prices ahead of the Lunar Chinese New Year, the China National Grain and Oils Information Centre (CNGOIC) said in a report.
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