According to
China National Grain and oil information center data forecast, as the world's largest soybean importer
and China will import 7.7million tons of soybeans in the 2015/16 , an increase
of 5.5%. Due to soybean
acreage fell by 10.3%, the annual soybean production is expected to fall by
9.5% in China this year and it will be 11 million tons .At present, China's 60%
soybean rely on imports and mainly from Brazil, the United States and
Argentina.