KSE100 33931.23  ▲ Increased By 235.81 (0.7%)
KSE30 14743.11  ▲ Increased By 94.5 (0.65%)
BR100 3483.73  ▲ Increased By 30.32 (0.88%)
BR30 18379.49  ▲ Increased By 195.73 (1.08%)

Business Recorder Logo

Jun 01, 2020 PRINT EDITION

BEIJING: China's state planner said on Monday that 2 million tonnes of US soybeans destined for China will be loaded in August, according to state media, as it dismissed claims that China has not been purchasing US agricultural products.

The National Development and Reform Commission said China bought 130,000 tonnes of soybeans, 120,000 tonnes of sorghum, 60,000 tonnes of wheat, 40,000 tonnes of pork and products, and 25,000 tonnes of cotton from the United States between July 19 and Aug. 2, state broadcaster CCTV reported.

Chinese firms have applied for tariff exemptions on those purchases, the report said.


Copyright Reuters, 2019