Palm | Kelapa Sawit

BEIJING, March 19 (Reuters) - China's soybean imports will stay high in the coming weeks as imports are still attractive compared with domestic soybeans, according to an official survey.
The outlook for corn has turned bullish, reflecting tighter supplies, the China National Grain and Oils Information Centre (CNGOIC) said in a report on Thursday.
Chinese crushers have increased purchases of near-month soy cargoes on fears of further price rises with South Amerca expecting a lower harvest, the report said.
The soyoil market ticked up but stayed bearish due to ample supplies. China raised soyoil imports in March and crushers were operating at a higher capacity, which has increased supplies to the market, the report said.