# Japan buys 3 vessels of sorghum amid China-U.S. trade spat: sources

> Japanese buyers purchased 150,000 to 180,000 tonnes of US sorghum on three vessels that had been bound for China. The cargoes were among about two dozen stranded after Beijing imposed a 178.6% deposit on US sorghum.

- Date: 2018-05-17 · published 2018-05-17T12:00:00.000Z
- Category: trade · region Japan · magnitude medium
- Page: https://feedsoft.ai/events/65075-japan-buys-3-vessels-of-sorghum-amid-china-u-s-trade-spat-sources
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Rerouting cargoes to Japan keeps US sorghum exports flowing, but at discounted prices, limiting the price hit from China's penalty.

## Read by commodity

- SORGHUM: neutral

## Sources

- reuters.com: https://www.reuters.com/article/us-usa-trade-japan-sorghum/japan-buys-3-vessels-of-sorghum-amid-china-u-s-trade-spat-sources-idUSKCN1II0U8/

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