China, the world's largest soya buyer, imported 4.16 million tonnes of soyabeans in November, up 3.2 percent from October with crushing margins improving from a month ago as seasonal demand rises. Imports for the first 11 months stood at 52.49 million tonnes, up 11.4 percent on the year. China buys around 60 percent of globally traded soyabeans as domestic production dwindles.

China had cancelled a number of US cargoes in early November on weak domestic demand and a drop in prices at the time, but orders began to pick up again later in the month as traders prepared for the peak demand season ahead of China's lunar new year in February.

Copyright Reuters, 2012