Exclusive: China buys at least 500,000 tonnes U.S. soybeans: traders

By Karl Plume

CHICAGO (Reuters) – Chinese state-owned firms bought at least 500,000 tonnes of U.S. soybeans on Thursday for shipment primarily from Pacific Northwest grain export terminals from June to September, two traders with knowledge of the deals said.

The purchases were the first since U.S. Agriculture Secretary Sonny Perdue said on Twitter that China had committed to buying an additional 10 million tonnes of U.S. soybeans during trade talks on Feb. 22.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.