With the South American soybeans imports increased largely, the second quarter of China's soybean imports will be increased month by month. In June, soybean imports will reach 8.5 to 9 million tons, in the second quarter will reach 20 million tons, the same period last year is 18.86 million tons. Soybean imports for the whole year are expected to reach 74 million tons, compared to last year’s 70.36 million tons, increased 5.2%.

Based on 74 million tons of imported expectation, from June to September, it will reach 7.07 million tons of soybeans per month, compared to the same period last year’s 6.23 million tons, increased 13.5%. Since May, the oil company has increased workload, but the increase of soybean stocks is limited, which reflects the expectation in the market is good after the replacement of the miscellaneous soybean stocks. Beans price is still low, and it also boosts soybean oil consumption. Despite the late pressure of soybean imports, oil meal supply is adequate, but because of the large demands, and prices are low, the fall of oil meal prices is limited.