Tag: Shao Zhongyi

• Monday, April 21st 2014 - 07:25 UTC

  China's main soy-bean importers in concerted action to bring prices down

  

  Chinese buyers may default on a further 1.2 million tons of soybeans worth about 900 million dollars being shipped from the United States and South America, to avoid incurring huge losses in a depressed local market, the country’s top soy buyer said.