Anon Archived China offers tariff-free quota for 10 million tonnes of U.S. soybean purchases: sources (reuters.com)
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Anon Archived China offers tariff-free quota for 10 million tonnes of U.S. soybean purchases: sources (reuters.com)
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https://archive.ph/6o8AA :
'Market conditions have continued to determine Chinese buying in recent weeks despite U.S. President Donald Trump’s assurances of a wave of imminent sales. '
'Still, exporters were scrambling for soybeans delivered to Gulf Coast shipping terminals later this year in anticipation of upcoming purchases, with bids for November and December arrivals up 4 to 6 cents a bushel, traders said. '
'No one at China’s state planner, the National Development and Reform Commission, answered the phone after business hours. '
'The waivers were for U.S. shipments through March, two U.S. export sources said. '
'Tuesday’s state planner meeting comes after Trump said China had agreed to buy up to $50 billion of U.S. farm products annually during trade talks earlier this month. '
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