Mysteel China imported soybean monthly balance sheet Mar

Source: Mysteel Mar 05, 2026 08:53

Looking ahead to the full 2025/2026 season, beginning stocks stand at 7.2 million tonnes, with annual arrivals rising to 111 million tonnes and total soybean reserve sales reaching 4 million tonnes. Given evolving Sino-U.S. trade relations, new policy-driven purchase orders may emerge in 2026, potentially requiring further reserve sales. Imported soybean auctions are expected to continue increasing. Total soybean supply is projected at 119 million tonnes, with annual crush volume at 106 million tonnes and ending stocks at 7.3 million tonnes.