Soybeans market weighs Middle East risks as USâIran talks could reset China demand
Escalating tensions in the Middle East have injected fresh uncertainty into the global soybean market, with participants questioning whether China will step up purchases of US origin amid fears of disruption at the Strait of Hormuz â even as potential USâIran negotiations emerge as a possible circuit breaker. Market sentiment turned sharply lower after reports of heightened risks to shippingEscalating tensions in the Middle East have injected fresh uncertainty into the global soybean market, with participants questioning whether China will step up purchases of US origin amid fears of disruption at the Strait of Hormuz â even as potential USâIran negotiations emerge as a possible circuit breaker. Market sentiment turned sharply lower after reports of heightened risks to shippingRead More