Sinograin clears 77% of imported soybeans offered in latest auction, Mysteel data shows

Sinograin clears 77% of imported soybeans offered in latest auction, Mysteel data shows

​China's ‌Sinograin sold ​222,782 metric tons ‌of imported soybeans on Wednesday, or ‌76.6% of ‌the total volume, according to data ⁠from ​consultancy ⁠Mysteel.

The sale was the ⁠state stockpiler's ​fifth soybean auction in less ⁠than a ⁠month, ​aimed at freeing up ⁠storage capacity for incoming ⁠U.S. ⁠cargoes.

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