date:Sep 17, 2012
steady in muted trade as demand from top importerChina has slowed due to high import prices and poor crushmargins at Chinese plants.
Chinese crushers bought nearly all of the 400,000 tonnes ofsoybeans offered in a bi-weekly auction from government stocksas prices were below import costs.
China is also diversifying its sources of cooking oil witha switch to rapeseed oil and some other substitutes, Ker said.
China imported 4.42 million tonnes of soybeans in August,the lowest in 6 months, as r