Palm | Kelapa Sawit

BEIJING, May 22 (Reuters) - China's demand for imported soybeans remained low this week after the Chicago Board of Trade (CBOT) soy prices surged to a fresh 8-month high, making imports expensive, according to a survey of an official think-tank.
In addition, a rise in freight rate had turned imported soybeans expensive or more than 4,000 yuan ($586.2) per tonne, higher than the domestic crop for the first time this year, the China National Grain and Oils Information Centre (CNGOIC) said in a report.