China will be a much larger buyer of soybeans this year than the market is anticipating, an analyst told theWestern Producer.
"My sense is that all the current estimates of Chinese imports for 2021-22 are understating the figures," Dorab Mistry, director of Godrej International, told delegates attending a conference organized by the U.S. Soybean Export Council.
“在中国和中国球员戈因现实g to buy a lot more than what they are talking about today."
He said the Chinese government is making a "Herculean effort" to drive down prices of the commodity by releasing stocks and forcing speculators to liquidate their positions.
