BEIJING (Reuters) – China is poised to buy another round of soybeans from the United States, two sources familiar with the matter said on Thursday, amid a truce in a trade war with the United States.
One of the sources said China could buy more than 2 million tonnes of U.S. soybeans, likely before the Christmas holiday on Dec. 25.
The soybean purchase would be the third such round since Washington and Beijing agreed on Dec. 1 to a 90-day truce in the trade war.
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Source: Investing.com