Imports of Brazilian soybeans into China declined in June, while shipments from the United States increased, according to Chinese customs data released on Wednesday, as high prices dampened demand for South American cargo.
The price of metallurgical coal in China fell to a seven-month low on Wednesday, pressured by prospects for higher supply and sustained weakness in demand for the steelmaking raw material, while new hopes of economic stimulus supported iron ore prices.
Raw sugar futures prices fell nearly 3% on ICE on Tuesday, partly hit by concerns that mills will increase the amount of cane used to make the sweetener instead of ethanol in Brazil as fuel prices rise. fall.
