China: In the first half of 2017 wheat import rises by 48%

27 Jul, 2017
China: In the first half of 2017 wheat import rises by 48%
In the first half of 2017 China imported 2.62 million tonnes of wheat - by 48% more compared to the same period last year.

Import growth is due to relatively low production prices and high demand.

In May and June, the major wheat supplier to China is the United States. Only in June 210,449 tonnes were delivered from the US to China were, which is 500% more than June 2016. In the first half of 2017, US supplies reach 38.6% of total Chinese imports.

Australia, which usually supplies over 50% of the wheat to China, has a share of 48% of the import or 1.26 million tonnes in the first half of the year.