Turkey And Indonesia Rapidly Increase Argentinian Soybean Purchase

In the period January - November 2016 Argentina decreased soybean export to 11.3 mln tons, which is 14% less than the same period of 2015 – 13.1 mln tons.

China with 8.58 mln tons (-21%), Chile (-11%), Iran (-86%), Venezuela (-44%) and Pakistan (-69%) were the biggest soybean buyers from Argentina. There was increased buying by Egypt, Vietnam, Italy and Cuba.

Indonesia with 184,000 tons (1 000) and Turkey with 103,600 tons (15 400) registered the highest increase in buying.