China plans to make a third round of U.S. soybean purchases within days, two sources familiar with the matter said on Thursday, after a trade war truce between Washington and Beijing this month triggered two waves of buying.
Reuters reports more than 2 million tonnes of additional purchases are likely before the Christmas holiday on Dec. 25, according to one of the sources, bringing total U.S. sales to China to more than 5 million tonnes in December.
If China follows through on all the expected buying, total sales would still be less than a quarter of what they were in late December last year.
