China poised to buy more U.S. soybeans soon: sources

0

BEIJING (Reuters) – China is poised to buy another round of soybeans from the United States, two sources familiar with the matter said on Thursday, amid a truce in a trade war with the United States.

One of the sources said China could buy more than 2 million tonnes of U.S. soybeans, likely before the Christmas holiday on Dec. 25.

The soybean purchase would be the third such round since Washington and Beijing agreed on Dec. 1 to a 90-day truce in the trade war.

Read more at : https://www.investing.com/news/commodities-news/china-poised-to-buy-more-us-soybeans-soon-sources-1727337

LEAVE A REPLY

Please enter your comment!
Please enter your name here