The Chinese Ministry of Commerce on Friday announced an initial estimate of 2.93 million metric tons of soybeans will be imported in December, an increase of 9% from the estimate issued for November.
Actual imports of soybeans could be higher than that as the forecast from the commerce ministry doesn't include all cargos. November's estimate was for 2.69 million tons but customs data indicates actual imports totaled 3.32 million tons.
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