European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
Dollar Weakens Ahead of Expected Federal Reserve Rate Cut 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth 
Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes 
Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low 
Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure 
Australia’s Economic Growth Slows in Q3 Despite Strong Investment Activity 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
China imported no soybeans from the United States in September, marking the first time since November 2018 that shipments from the U.S. fell to zero. The decline comes as the ongoing trade tensions between the world’s two largest economies continue to weigh on agricultural exports. According to China’s General Administration of Customs, imports from the U.S. dropped from 1.7 million metric tons a year earlier to none, largely due to steep tariffs and a shift toward South American suppliers.
Analysts attribute the drop primarily to China’s high import tariffs on American soybeans and the exhaustion of old-crop supplies from previous harvests. “This is mainly due to tariffs. In a typical year, some old-crop beans would still enter the market,” said Wan Chengzhi of Capital Jingdu Futures.
Meanwhile, Brazil strengthened its dominance in the Chinese soybean market. Imports from Brazil surged nearly 30% year-on-year to 10.96 million tons in September, accounting for over 85% of China’s total soybean imports. Shipments from Argentina also rose sharply by 91.5% to 1.17 million tons, or 9% of total imports. Overall, China imported 12.87 million tons of soybeans in September, the second-highest monthly volume on record.
China has not purchased any soybeans from the current U.S. harvest, as buyers have opted for cheaper South American alternatives, aided by Argentina’s temporary export tax relief. Experts warn, however, that China may face a potential supply gap between February and April next year if trade talks with Washington fail to resume.
From January to September, China imported 63.7 million tons of soybeans from Brazil and 2.9 million tons from Argentina, both showing year-on-year growth. Despite September’s halt, China’s total U.S. soybean imports in 2025 reached 16.8 million tons, up 15.5% due to earlier purchases.
