12/26/2012

China should increase soybean imports by 4.2% during the 2012-13 year when compared with the year prior, Oil World forecasts, despite recently canceling two U.S. orders. U.S. exports to China are expected to remain flat. "It can indeed be argued that China cannot cover its import requirements if the canceled orders are not at least replaced or even supplemented with additional purchases," Oil World said.

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