# China ramps up soybean purchases in August but Brazilian supplies tipped to tighten | South China Morning Post

> China imported 9.15 million tonnes of soybeans in August, up 14% from July and above last year's 8.44 million tonnes. Buyers have shifted toward Brazilian supply since Beijing imposed a 25% tariff on US soybeans and other products worth $34 billion.

- Date: 2018-09-08 · published 2018-09-08T12:00:00.000Z
- Category: trade · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/62892-china-ramps-up-soybean-purchases-in-august-but-brazilian-supplies-tipped-to
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Strong Chinese buying of Brazilian beans supports South American export prices and shifts demand away from US origin, while analysts expect tighter Brazilian supplies to limit further gains.

## Read by commodity

- SBM: neutral
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-03-04 | [China boosts US agriculture purchases over ‘very tight’ soybeans supply concerns, Ukraine corn worries \| South China Morning Post](https://feedsoft.ai/events/14948-china-boosts-us-agriculture-purchases-over-very-tight-soybeans-supply-concerns.md) | +1.2% | -3.7% |
| SOY | 2020-05-27 | [China facing soybean dilemma as it tries to balance phase one trade deal with self-reliance \| South China Morning Post](https://feedsoft.ai/events/52988-china-facing-soybean-dilemma-as-it-tries-to-balance-phase-one-trade-deal-with.md) | +0.4% | +3.3% |
| SOY | 2026-08-10 | [China Ramping Up US Soybean Purchases \| Farm Policy News \| Illinois](https://feedsoft.ai/events/14559-china-ramping-up-us-soybean-purchases-farm-policy-news-illinois.md) | +1.5% | +11.9% |
| SOY | 2020-05-12 | [China Steps Up US Soybean Buying With Million-Ton Purchase - TT](https://feedsoft.ai/events/52986-china-steps-up-us-soybean-buying-with-million-ton-purchase-tt.md) | -0.9% | +1.3% |
| SOY | 2026-08-06 | [China buys at least 10 more cargoes of US soybeans, traders say \| South China Morning Post](https://feedsoft.ai/events/14558-china-buys-at-least-10-more-cargoes-of-us-soybeans-traders-say-south-china.md) | +1.2% | +13.0% |
| SBM | 2019-11-04 | [China Shifts Soybean Purchases from Brazil Back to US \| Food Logistics](https://feedsoft.ai/events/55911-china-shifts-soybean-purchases-from-brazil-back-to-us-food-logistics.md) | +0.3% | -4.1% |
| SBM | 2020-06-02 | [China buys U.S. soybeans after halt to U.S. purchases ordered: sources](https://feedsoft.ai/events/52462-china-buys-u-s-soybeans-after-halt-to-u-s-purchases-ordered-sources.md) | +1.9% | -0.9% |
| SBM | 2026-07-31 | [Chinese buyers acquire US soybeans for October-November, traders say \| South China Morning Post](https://feedsoft.ai/events/14561-chinese-buyers-acquire-us-soybeans-for-october-november-traders-say-south-china.md) | -0.6% | +5.6% |

## Sources

- scmp.com: https://www.scmp.com/news/china/china-economy/article/2163351/china-ramps-soybean-purchases-august-brazilian-supplies

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
