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China is the largest buyer of soyabeans in the world and needs US imports to satisfy demand.

“China is between a rock and a hard place when it comes to soybeans,” said Darin Friedrichs, soyabean analyst in Dalian.

Soyabean prices in Brazil, the largest seller of the commodity to China, have also rallied to a 21 month high, as Chinese importers appear to be already increasing their demand, according to analysts at Commerzbank.
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Investment Banking or Private Equity? Ask HULT.
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