Area
China (Mainland)
Commodity Group
Oilseeds, oils and meals
Commodity
Soybeans
Date
01/11/2013
Policy Category
Stocks
Policy Instrument
State reserves
Description
Released state reserves with view to ease supply tightness, thus checking the rise in domestic oil/meal prices.
Notes
CHINA 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.
