China’s soybean imports hit a record high for the month of September, even as the country avoids US supplies amid a resurgence in trade tensions between the agriculture powerhouses.
The world’s top buyer brought in 12.9 million tons of soybeans in September, the highest ever recorded for that month, customs data showedBloomberg Terminal. Chinese crushers have been bolstering supplies of the oilseed with shipments mainly from Brazil, and in the meantime, shunning US cargoes as high tariffs and political risks make the trade unviable.
China’s Soy Imports Hit September Record, Despite Avoiding US
