Foreign media: China's soybean and crude oil imports in September rose year-on-year, with soybean imports reaching the second-highest level in history, mainly due to strong purchases from South America. Iron ore imports also hit a new high, while coal imports declined.
Analysts pointed out that the supply of soybeans has become more stable due to increased imports from South America. However, factors such as Sino-US trade relations and weather conditions in South America may still affect future imports. The increase in iron ore imports is due to strong domestic demand and steel mills replenishing inventory ahead of the National Day holiday.
Original article: www.toutiao.com/article/1845845663181832/
Statement: This article represents the views of the author.