The 472,000 tonnes sold were the most in a single day since November and a ‘positive signal’ of Beijing’s intentions, analysts said.

China made its largest daily purchase of soybeans from the United States since November on Wednesday, the latest sign of improving trade ties as Beijing moves towards fulfilling commitments announced after US President Donald Trump’s summit with Chinese leader Xi Jinping. The US Department of Agriculture said private exporters reported sales of 472,000 tonnes of soybeans for delivery to China, the greatest daily export sale to the country since November. “China has a long way to go to reach…

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