China should increase imports by 11% over the remainder of the year

Chinese beef imports in March totaled 210,000 tons, plus about 10,000 tons of beef offal, according to General Administration of Customs (GACC) data released by OIG+X. The value of this trade flow reached US$1.064 billion. Volume fell 12.4% year on year, while value declined 9%, so the average import price rose to about US$/t 5,070.