Two of the estimated three cargoes due to have been shipped from New Orleans have instead been resold on the domestic U.S. market, where CBOT soybean futures
Tuesday, June 2, 2009
Breaking News-RTRS-UPDATE 1-Chinese buyers wash out 3 U.S. soy cargoes-traders
SINGAPORE/BEIJING, June 1 (Reuters) - Chinese soybean importers have agreed with suppliers to scrap deals for two to three 60,000-tonne U.S. cargoes in the past week as prices rally and inventories pile up, two traders said on Monday.
Two of the estimated three cargoes due to have been shipped from New Orleans have instead been resold on the domestic U.S. market, where CBOT soybean futures rose to an eight-month top last week.
Two of the estimated three cargoes due to have been shipped from New Orleans have instead been resold on the domestic U.S. market, where CBOT soybean futures
