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China's grain and oil import data in 2014

Published: 2024-11-21 Author: mysheen
Last Updated: 2024/11/21, China imported 19.51 million tons of grain in 2014. According to customs statistics, China imported 2.37 million tons of grain and grain flour in December 2014, with a cumulative import of 19.51 million tons in the whole year, a cumulative increase of 14.58 million tons in the same period last year, an increase of 33.8% year-on-year.

China imported 19.51 million tons of grain in 2014

According to customs statistics, China imported 2.37 million tons of grain and cereal flour in December 2014, with a total import of 19.51 million tons in the whole year, up 33.8 percent from 14.58 million tons in the same period last year. In December 2014, 73703 tons of rice were exported and 419071 tons were exported for the whole year, with a total of 478404 tons in the same period last year, down 12.4 percent from the same period last year.

China imported 71.4 million tons of soybeans in 2014

According to the latest data released by the Chinese customs, China imported 71.4 million tons of soybeans in 2014, up 12.7% from a year earlier and a record high, while imports of soybeans in December were 8.53 million tons, up 41.5% from the previous month. From the perspective of import prices, the average cost of imported soybeans is less than 3400 yuan / ton, which is the lowest in recent years. At the same time, freight has declined, which has further stimulated the scale of domestic imports. Global soybean production hit a new historical record in 2014, with a significant increase in ending inventories, leading to a continued decline in prices, analysts said. Due to the rapid growth of the demand for feed protein meal, China's soybean import increased for the tenth year in a row, and exceeded 70 million tons.

The data show that the average price of imported soybeans in China was 491.2 US dollars / ton in December, down 7.70 US dollars / ton from November, the seventh consecutive month of decline. In addition, vegetable oil imports in December 2014 were 590000 tons, an increase of 47.5 per cent from the previous month.

 
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