Soybean| Chinese demand for Soybean is increasing

September 7, 2016 9:38 AM | Skymet Weather Team

Chinese demand for Soybean is increasing over the years at a rapid pace. Soybeans are used to make everything from animal feed to cooking oil, Soy sauce and tofu. Since 2005, China's import of the commodity have more than tripled, and now China buys more than 60 percent of the world's exports. The demand is primarily driven by its livestock sector of China.

Information source: www.skymetweather.com

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