Pakistan to import 1.1m tons of soybeans from US
A trade delegation from the Pakistan Edible Oils Association (APSEA) visited Washington this week and struck deals with leading soybean exporters including Cargill, LDC, Olam and others to import 1.1 million tonnes of soybeans from the US worth around $500 million, Business Recorder reported.
The deal is expected to significantly reduce the US-Pakistan trade deficit without putting additional burden on Pakistan as the purchases will largely replace existing supplies from Brazil.
For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.
It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.
You are welcome to get a 7-day free demo access!!!
Read also
French agribusiness group Malteurop acquires malting plant in China
Palm oil price declines on profit-taking after weekly gains
Argentina’s sunflower planting area to remain unchanged from last season — BAGE
Heavy rains threaten Australia’s chickpea crop and delay harvest
USDA acknowledges error in September US corn crop forecast
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon