This was the highest monthly volume for the year and exceeded the level of November by 14.8%, according to Agrimoney. However, this result is inferior to the indicator of December 2015.

Thus, in 2016, the imports of soybeans to China reached 83.9 million tons, only 2.7% over a year earlier.

It is expected that in the coming months the demand for oil in China may increase with the recent decision of the Chinese government on improving anti-dumping duties on imports of dry stillage from the United States.

So, according to the updated rating of the National information center of grain and oil, China's import volume of DDGS in the country by the end of 2016/17 MG may be below 1 million tons, whereas previously this figure was estimated at 2 million tons.