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China's agriculture imports for December, and full-year 2017

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Last year was not a big one for Chinese imports of distillers’ grains (DDGs), ethanol and sugar - as might be expected, given that they were the subject of tightened import restrictions.

 

However, some other feed sources fared better, making up for the fall-off in supplies of DDGs, with buy-ins of the likes of barley, fishmeal and rapeseed meal showing strong growth - before factoring in the jump in China’s own production of soymeal, backed by growth in soybean imports to a fresh record high.

 

And corn imports enjoyed a strong finish to the year, amid a late-year jump in domestic prices (which has largely reversed this month)

 

Trade in vegetable oils, used largely in human consumption, fared less well.

 

Below details of Chinese customs data on agricultural imports last month, and where that left full-year totals.

 

 

 

Chinese imports of agricultural and related products for December and full year 2017
Commodity December (tonnes) Year-on-year change Full year 2017 (tonnes) Year-on-year change
Barley 581,280 +43.7% 8,863,484 +77.1%
Cassava 774,822 +11.4% 8,127,573 +5.5%
Chocolate prod’ts 8,642 +53.0% 54,295 +14.2%
Cocoa beans 228 -35.8% 27,126 -7.9%
Coffee 5,001 -55.1% 65,357 -22.5%
Corn 454,151 +221.1% 2,825,607 -10.8%
Cotton 100,415 -29.8% 1,156,168 +28.8%
Distillers grains 5,993 -91.4% 390,790 -87.3%
Ethanol 33 -99.97% 24,964 -97.2%
Fishmeal 50,000 +29.4% 1,570,000 +51.6%
Natural rubber 334,364 -0.4% 2,793,316 +11.7%
Palm oil 567,077 -16.5% 5,078,694 +13.4%
Rapeseed 329,725 +36.8% 4,748,320 +33.2%
Rapeseed meal 55,924 -30.2% 965,326 +91.7%
Rapeseed oil 59,154 -3.4% 757,007 +8.2%
Rice 425,596 -3.3% 3,993,072 +13.0%
Sorghum 157,834 -19.7% 5,056,793 -23.9%
Soybeans 9,546,810 +6.1% 95,526,045 +13.8%
Soymeal 1,708 -48.3% 61,203 +238.6%
Soyoil 32,527 -11.4% 653,436 +16.6%
Sugar 132,774 -38.7% 2,290,495 -25.2%
Synthetic rubber 493,216 +28.5% 4,362,768 +31.9%
Wheat 181,031 -19.0% 4,296,486 +27.3%
Yarn 177,093 -7.7% 1,872,000 +0.5%

 

 

 

 

 

 

 

 

 

 

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