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- (-) Soybeans
- (-) March 2023
- (-) East Asia and the Pacific
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Modest growth in the animal protein sector is expected to raise China’s soybean imports to 97 million metric tons (MMT) in Marketing Year (MY) 23/24. The People’s Republic of China’s (PRC) removal of COVID-related restriction in December 2022 is expected to boost overall oilseed consumption.
The Korea oilseeds and products market is mature with limited annual change, reflecting stable consumer demand and stagnant domestic production.