atans1

Chinese tariffs on US soya backfiring

In China, Commodities on 21/07/2018 at 4:28 am

US soyabean prices plus the tariffs and freight to China were approaching parity with Brazilian soyabeans and shipping costs, limiting a further move upwards on the premium unless there was a dramatic shift in Chinese demand.

FT on Thourday

Chinese will be paying a lot more for soya and meat.

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