How Japan's Marubeni stumbled in China after rapid expansion
date:May 12, 2014
g as a broker for Gavilon.

Asked about its business operations in China and any problems it faced, a Marubeni spokeswoman said China was one of its most important markets and it would ensure stable supply.

Chinese buyers have recently defaulted on at least 500,000 metric tons of soybean shipments and threatened to default on more than 20 physical soybean cargoes, which have not yet been priced.

Marubeni President Fumiya Kokubu said on Friday the firm, which supplies a quarter of China's soybe
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07/12 01:40