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7h agoChina buys first U.S. soybean cargoes ahead of Trump-Xi summit
China’s state-owned COFCO Corporation purchased three U.S. soybean cargoes — about 180,000 metric tons — the country’s first such buys from the current U.S. harvest. The order precedes a planned summit between Donald Trump and Xi Jinping in South Korea, and is seen as a symbolic gesture amid trade-tension negotiations. While the volume is modest compared with China’s total imports, the move reinvigorates hopes of a broader agricultural deal. Traders cautioned that a sustained uptick in demand remains uncertain given South American competition and pricing pressures.
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optimistic
7h agoChina buys first U.S. soybean cargoes ahead of Trump-Xi summit
China’s state-owned COFCO Corporation purchased three U.S. soybean cargoes — about 180,000 metric tons — the country’s first such buys from the current U.S. harvest. The order precedes a planned summit between Donald Trump and Xi Jinping in South Korea, and is seen as a symbolic gesture amid trade-tension negotiations. While the volume is modest compared with China’s total imports, the move reinvigorates hopes of a broader agricultural deal. Traders cautioned that a sustained uptick in demand remains uncertain given South American competition and pricing pressures.
Explore:Mutual Fund AI Screening
optimistic
China buys first U.S. soybean cargoes ahead of Trump-Xi summit
about 7 hours ago
1 min read
86 words
China buys three U.S. soybean cargoes ahead of the Trump-Xi summit, seen as a symbolic thaw in agricultural trade tensions.
China’s state-owned COFCO Corporation purchased three U.S. soybean cargoes — about 180,000 metric tons — the country’s first such buys from the current U.S. harvest. The order precedes a planned summit between Donald Trump and Xi Jinping in South Korea, and is seen as a symbolic gesture amid trade-tension negotiations. While the volume is modest compared with China’s total imports, the move reinvigorates hopes of a broader agricultural deal. Traders cautioned that a sustained uptick in demand remains uncertain given South American competition and pricing pressures.
China’s state-owned COFCO Corporation purchased three U.S. soybean cargoes — about 180,000 metric tons — the country’s first such buys from the current U.S. harvest. The order precedes a planned summit between Donald Trump and Xi Jinping in South Korea, and is seen as a symbolic gesture amid trade-tension negotiations. While the volume is modest compared with China’s total imports, the move reinvigorates hopes of a broader agricultural deal. Traders cautioned that a sustained uptick in demand remains uncertain given South American competition and pricing pressures.
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global
trade
global
trade
US
China
commodities
Oct 29, 2025 • 21:21 IST






































