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December 10, 2019 | Reuters
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China Issues New Soybean Waivers

Chinese soy importers bought at least five bulk cargo shipments of soybeans on Monday

Chinese soy importers on Monday bought at least five bulk cargo shipments of U.S. soybeans, or about 300,000 tonnes, for shipment in January and February after Beijing offered the buyers at least 1 million tonnes in new tariff waivers, U.S. exporters said.

According to a report at Reuters, the fresh allotment of tariff waivers, which exempts importers from 30% tariffs on U.S. shipments, comes after buyers used up nearly all of the 10 million tonnes in waivers awarded by Beijing in October, the traders said.

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