China’s imports of U.S. soybeans nearly doubled in January from the previous month as more cargoes booked earlier after a China-U.S. trade truce, according to Chinese customers data.
China brought in 135,814 tonnes of U.S. soybeans in January, up 95 percent from 69,298 tonnes in December.
However, the volume was still 99.7 percent down from 5.82 million tonnes in January 2018 as Beijing’s hefty tariffs on American shipments curbed purchases.