Group 1 - The trade issues between the US and China have led to a significant reduction in US soybean exports to China, with Brazil filling the gap by increasing its soybean exports to China [1] - In the first eight months of this year, Brazil exported 77 million tons of soybeans to China, which accounted for a large portion of Brazil's first-season soybean production, while US exports to China were only 17 million tons [1] - The Brazilian government anticipates a 3.6% increase in soybean production for the next season, reaching nearly 178 million tons, as demand from China remains strong [1] Group 2 - Chinese buyers are currently delaying the confirmation of soybean purchases from Brazil due to high prices, with many companies suspending orders for December and January, affecting 8 million tons of soybean orders [2] - The high export prices and logistical challenges are prompting Chinese buyers to adopt a more flexible procurement strategy, indicating their strong bargaining power in the soybean market [2] - The situation reflects a shift in market dynamics, where Brazil's suppliers are reassessing their pricing strategies in response to China's purchasing behavior [2]
全球大豆贸易格局生变 中国握紧定价权
Jin Tou Wang·2025-10-28 10:50