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But those exemptions failed to prompt buying Tuesday, according to US exporters, as US soybean prices remained too high. Although US President trump has promised a wave of soybean sales, Chinese purchases in recent weeks have continued to be determined by market conditions.
At a meeting of China's national development and Reform Commission, China issued US soybean import duty exemption quotas to state-owned and private crushing enterprises, as well as large international trading companies with crushing plants in China, according to the sources briefed.
According to two US export sources, the exemption is for us cargo in March.
China's national development and Reform Commission has no one to answer the phone during office hours.

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