A large number of American soybeans catch up with China
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Last Update: 2002-05-04
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Source: Internet
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Author: User
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Introduction: four to five U.S soybeans have left the U.S Pacific Northwest port for China in the past week, according to a US source with a spot background on Thursday According to people familiar with the matter, it is understood that one ship of American soybeans left the port on Wednesday night and two ships of soybeans left on Friday, so at least three ships of soybeans have left for China since last Friday And there are rumours that up to six ships of soybeans could go to China This will be China's first major purchase of American soybeans since the implementation of the genetically modified regulations on March 20 Historically, China has not been buying American soybeans in large quantities at this time of the year, as lower priced South American new soybeans are starting to be sold centrally However, this year's situation is different According to people familiar with the situation, the reason why the U.S can obtain soybean export business to China is also that Argentina's economic crisis has delayed the start of soybean export (author:) share to feed Weibo share to:
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