Ahead of Xi’s US visit, China’s soybean crushers face high costs, weak margins
Private crushers face negative margins as Brazil’s supply tightens and tariffs keep U.S. soybeans largely out of reach, traders said.
9 Articles
9 Articles
Ahead of Xi’s US visit, China’s soybean crushers face high costs, weak margins - Regional Media News
By Ella Cao, Naveen Thukral and Roberto Samora BEIJING/SINGAPORE/SAO PAULO Sept 7 (Reuters) - China's private soybean processors face a costly fourth-quarter supply squeeze as inventories tighten in top exporter Brazil and tariffs keep U.S. cargoes largely out of reach. The world's biggest oilseed processing [...]
Ahead of Xi’s US visit, China’s soybean crushers face high costs, weak margins
By Ella Cao, Naveen Thukral and Roberto Samora BEIJING/SINGAPORE/SAO PAULO Sept 7 (Reuters) - China's private soybean processors face a costly fourth-quarter supply squeeze as inventories tighten in top exporter Brazil and tariffs keep U.S. cargoes lar...
Soja on farm reflects tight offer scenario for ChinaChinese crushers face high costs and negative margins before Xi's visit to the US
China's private soybean processing companies face a supply squeeze for the fourth quarter, which raises costs, as stocks decline in Brazil, the main exporter of commodity, and tariffs keep US loads virtually out of reach. The largest oilseed processing industry in the [...]
Chinese soybean processors may face a limited supply of raw materials in Q4 due to reduced available inventories in Brazil and high tariffs on U.S. products. China's private companies are mostly refraining from buying soybeans from the United States because of an additional 10% import duty, while the supply season in South America draws to a close. Importers have already mostly covered the needs for [...] The post China may face soybean shortage…
Imports of U.S. products would generate losses even without tariffs, impacting shipments from October to January.
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