date:May 12, 2014
second- and third-tier players in the market which are more likely to default when the prices rise, said a Singapore-based trading manager with a rival global firm that sells soybeans to China.
The Marubeni official said it had a broad range of counterparties from the biggest to smaller crushers and traders.
STAFF DETAINED
Marubeni's acquisition last year of U.S. grain merchant Gavilon made it China's top grains supplier.
The concept was simple: take Gavilon's vast storage network in the Ame