China's imports of U.S. soybeans surged in December from a year earlier, da...
BEIJING - China’s imports of U.S. soybeans surged in December from a year earlier, data showed on Friday, as China ramped up purchases during a thaw in the two country’s trade war.
The figure was also up from 2.56 million tonnes in November, after some delayed cargoes cleared customs, but was still shy of the six million-plus levels for U.S. December imports to China in 2017 and earlier years. For all of 2019, China brought in 16.94 million tonnes of U.S. soybeans, edging up from 16.6 million tonnes in 2018, when shipments nearly halved from the previous year due to the trade dispute.
China’s December shipments from Brazil, its largest supplier of the oilseed, came in at 4.83 million tonnes, up 10% from a year earlier, and up 25.1% from November.
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