China soybean imports in April rise 10.7 percent from a year ago

China imported 7.64 million tonnes of soybeans in April, according to data from the General Administration of Customs. That is up from 6.9 million tonnes a year earlier and up 55 percent from 4.92 million tonnes in March.

Soybean cargoes were delayed to arrive in April to take advantage of a cut in the value-added tax on agricultural products effective from April 1.