China buys at least 7 US soybean cargoes amid renewed demand: traders
AI Summary
China has purchased at least 7 US soybean cargoes for shipment from September to November, reflecting renewed demand. The cargoes, totaling approximately 330,000 metric tons, are destined for ports on both the US Gulf Coast and the Pacific Northwest.
China purchased at least 6-7 cargoes of US soybeans on July 6, equivalent to about 330,000 metric tons, according to multiple traders, buyers, sellers and analysts based in Asia. The purchases were for shipments from September to November to both the US Gulf Coast (USG) and Pacific Northwest (PNW) ports. A Chinese soybean buyer estimated ...
World Markets Deals Commodities China soybeans US Gulf Coast Pacific Northwest ports commodity trade agriculture cargo shipment