Palm | Kelapa Sawit

BEIJING, July 13 (Reuters) - Rains that have continued for more than a month in China's top soybean growing area could reduce output further after earlier drought damage, traders said on Monday.
Some areas in Heilongjiang province, which last year produced 40 percent of the country's 15.5 million tonnes soy output, are flooded, and in combination with the drought could see output down by more than 10 percent.
Any shortfall in domestic production could boost shipments into the world's top soybean importer, although the role of state stockpiling will be a major factor in how much the country buys.