China buys at least 10 more cargoes of US soybeans, traders say

AI Summary

China has purchased at least 10 additional cargoes of US soybeans ahead of President Xi Jinping's anticipated visit to the US next month. These purchases are part of ongoing trade talks where China committed to buying significant volumes.

China has ⁠bought at least another ⁠10 cargoes of US soybeans, three ⁠Asian traders said on Thursday, the latest in a flurry of purchases ahead of President Xi Jinping’s expected US visit next month. State-run buyer Sinograin bought 10 to 15 cargoes on Wednesday, the traders said. At least 10 cargoes were ‌for October-November shipment, one trader said. The deals follow trade talks between Washington and Beijing that, according to the White House, included Chinese commitments to buy 25 million...