China Purchases 8–10 US Soybean Cargoes in First Deals Since Trump-Xi Summit
ISLAMABAD, 14 October, 2026 (Kamran Raja): China has purchased 8 to 10 cargoes of US soybeans in its first such deals since the September summit between US President Donald Trump and Chinese President Xi Jinping in Washington, according to three trade sources. The cargoes, each carrying approximately 65,000 metric tons, are scheduled for shipment from December onwards. The purchases were made by state-owned Chinese trading firms amid renewed market expectations for Chinese demand following several weeks of limited buying. Traders said the companies paid premiums of $3.10 to $3.20 per bushel over the January Chicago Board of Trade soybean futures contract. The latest deals come after the two countries announced a proposed list of tariff reductions following the September summit, which exclu...





