It is expected that China's purchase of American soybeans will still slow down in recent days
-
Last Update: 2002-03-13
-
Source: Internet
-
Author: User
Search more information of high quality chemicals, good prices and reliable suppliers, visit
www.echemi.com
Introduction: on Thursday, the U.S Department of Agriculture released a weekly export sales report In the week ending February 28, U.S soybean export sales this week were only 227100 tons, lower than the low end of the industry's forecast range of 250000 tons to 450000 tons In addition, China has disappeared for the first time in recent months, both in the major countries of sales and shipment In fact, no American soybeans were shipped to China in the week ending February 28 Given that China is about to implement the genetically modified regulations on March 20, this phenomenon is not difficult to understand But on Thursday, the US China talks said significant progress had been made, so the negative effect of this week's weekly sales report was overshadowed by the still rather unexpected news At the same time, in view of the preliminary settlement of the Sino-U.S soybean trade dispute, it is expected that the rush of domestic buyers to buy soybeans will also subside, and China's purchase of American soybeans is expected to slow down in the next few weeks (author:) share to feed Weibo share to:
This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only.
This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of
the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed
description of the concern or complaint, to
service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content
will be removed immediately.