Foreign media: According to U.S. government data and market practices, China has secured more than half of its 12 million ton soybean purchase commitment, approximately 7 million tons, but the actual shipment is very limited, raising concerns about potential order cancellation.
The U.S. Department of Agriculture has confirmed the sale of nearly 4 million tons of soybeans to China, with another 3 million tons in the "unknown destination" category, which is usually a conventional practice by the Chinese side to stabilize prices.
Walsh Trading Company in Chicago and the U.S. financial services company StoneX both stated that China is close to completing the purchase of 6 to 7.5 million tons, but the actual shipments are low, and subsequent developments need to be closely monitored.
Original article: toutiao.com/article/1851946748173324/
Statement: This article represents the views of the author himself.