date:Nov 01, 2013
m a short-term perspective, Chinese companies will keep a close eye on the US market until April and May of next year, before the South American market starts its soybean selling season.
China purchased 21.5 million tons of soybeans from the US in the 2012-13 market year. Mr Xiaoping expects it will import between 22 million and 24 million tons of US soybeans in the next market year.
China did not become a major international soybean market until the 1990s. Rising financial capability and the