China Imports Argentina Soymeal in Trial Trade Amid US Tensions
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China has booked a rare shipment of soybean meal from Argentina, as the country seeks to secure supplies of a key animal feed ingredient amid an ongoing trade war with the US.
Several Chinese traders and feed producers jointly ordered the cargo from the world's top exporter of soybean meal and oil as a trial shipment, according to people with the knowledge of the deal. It marks the first purchase since Beijing opened the door to imports from the country in 2019, the people said.
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