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China's imports of US soybeans in December 2019 reached 3.09 million tonnes, 44 times the level a year earlier. Full-year 2019 imports from the US were 16.94 million tonnes, slightly up from 2018.
Customs data showed the December figure was still below pre-trade-war levels.
The data confirms that Chinese buying of US soybeans is recovering but remains well below 2017 levels. Future purchases under the phase one deal would need to be much larger to lift prices sustainably.
bworldonline.comCEDTyClea2 feb 2020Tras 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.
