Chinese buyers cancel, postpone 1M metric tons of Australian wheat
Thursday, 14 March 2024
Chinese wheat importers have cancelled or postponed imports of about 1 million metric tons of Australian wheat cargoes. The US government reported cancellation of more than 500,000 metric tons of US wheat exports to China. Chinese buyers are moving the shipping time from the first quarter to the second quarter, third quarter. Singapore-based trader sells Australian wheat to Asia.
Chinese wheat importers have cancelled or postponed imports of about 1 million metric tons of Australian wheat cargoes. The US government reported cancellation of more than 500,000 metric tons of US wheat exports to China. Chinese buyers are moving the shipping time from the first quarter to the second quarter, third quarter. Singapore-based trader sells Australian wheat to Asia.
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