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Ahead of Xi's US visit, China's soybean crushers face high costs, weak margins

Source: reuters.com

Commodities & Raw MaterialsTrade Policy & Supply ChainTax & TariffsEmerging Markets
Ahead of Xi's US visit, China's soybean crushers face high costs, weak margins

China's private soybean processors face a costly fourth-quarter supply squeeze as Brazilian inventories tighten and tariffs make U.S. cargoes largely inaccessible. The supply constraint could raise procurement costs, pressure processor margins, and support soybean prices and regional agricultural trade flows.

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