China's soybean imports from the United States in August rose six-fold from...
FILE PHOTO: Workers transport imported soybean products at a port in Nantong, Jiangsu province, China April 9, 2018. REUTERS/Stringer/File Photo
China, the world’s top buyer of soybeans, brought in 1.68 million tonnes of the oilseed from the U.S. in August, up from 265,377 tonnes a year ago. That was up 84% from last month’s 911,888 tonnes, according to data released by the General Administration of Customs. But Chinese state firms resumed purchases of some 14 million tonnes of the oilseed from U.S. farmers starting in December during a temporary truce in the spat.
China’s August soybean imports from top supplier Brazil were 6.68 million tonnes, down from last year’s 7.95 million tonnes, but up slightly from 6.42 million tonnes in July.
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