AreaChina (Mainland)

Commodity GroupOilseeds, oils and meals

CommoditySoybeans

Date01/11/2013

Policy CategoryStocks

Policy InstrumentState reserves

DescriptionReleased state reserves with view to ease supply tightness, thus checking the rise in domestic oil/meal prices.

NotesCHINA – soybean support - Public stock releases: A total of 2.43 million tons of soybeans have been sold through state auctions between August and October this year. Public sales aimed at improving the domestic supply situation, in particular for processors in the Northeast who primarily use domestically grown soybeans.