China's July soybean imports from the United States jumped threefold from t...
FILE PHOTO: worker looks on as imported soybeans are transported at a port in Nantong, Jiangsu province, China August 6, 2018. Picture taken August 6, 2018. REUTERS/Stringer
China, the world’s top buyer of soybeans, brought in 911,888 tonnes of the oilseed from the United States, up from last year’s 308,127 tonnes. The figures were also up 48.3% from 614,805 tonnes in June. Chinese state firms resumed some buying following a bilateral truce in December, but tensions between the world’s two largest economies escalated again in recent weeks, throwing the market into further turmoil.
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