Rumor has it that China recently bought up to 10 ships of South American soybeans
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Last Update: 2002-07-19
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Source: Internet
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Author: User
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Introduction: Asian brokers said on Tuesday that China has purchased a large number of South American soybeans, with a shipment schedule of 5 to 10 in July In addition, according to Japanese traders' expectation, China will purchase another 5 to 10 ships of soybeans in the near future, with the shipment date in August According to people familiar with the matter, some of the soybeans shipped in July are from Brazil, but the vast majority are from Argentina, because the CIF price of soybeans in Argentina is lower than that in Brazil at present With the recent surge in U.S soybeans, most Asian buyers are switching to cheaper South American soybeans or simply delaying purchases (author:) share to feed Weibo share to:
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