Chinese imports of Argentine soybean rise 328% in July
Aug, 28, 2019 Posted by Sylvia SchandertWeek 201936
Amid trade tensions with the US, Chinese soybean imports from Argentina in July increased 328% in the month and 269% in the year, to 1.07m tons, according to Chinese customs data.
According to market sources, China may resort to Argentine soybeans, the world’s third largest soy exporter, as Brazilian stocks are expected to run out in the coming months.
Brazilian soybean imports from China in July totaled 6.42m tons, up 17% month-on-month, according to the data.
Other major soybean suppliers to China in July were the US (910,000 tons) and Uruguay (160,000 tons), according to a Chinese customs report released on 08/25.
Source: Hellenic Shipping News
Related Post
-
Ports and Terminals
Dec, 01, 2023
0
Oil platform P32 to arrive at Rio Grande Complex by early December
-
Sugar and Ethanol
Nov, 03, 2023
0
Brazilian Sugar Exports via Containers Surge at Paranagua Port
-
Ports and Terminals
Jun, 30, 2021
0
CCCC port in Maranhão still not off the ground
-
Shipping
Mar, 09, 2020
0
Maersk contract with TRP to expire and not be renewed