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US soybean producers signed deals worth billions of dollars with a Chinese delegation before the San Francisco summit, the first bulk signing since 2017. Chinese buyers purchased over 3 million tonnes of soybeans in a single day.
Agricultural trade between the two countries is picking up.
Large Chinese soybean purchases and bulk signings support US soybean export prices and reduce trade-war risk. Renewed buying would tighten nearby US soybean supplies.
chinastrategy.orgMedia Library12 feb 2024Tras 696 eventos alcista de comercio pasados, Soja se movió una mediana de +0,3 % en 5 sesiones (54% al alza; mitad central entre -1,3 % y +1,9 %), y +0,7 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
