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A sharp souring in Asian benchmark refining margins has also curbed overall demand for crude in recent months, sources said. (GRAPHIC: Singapore refining margins slump 50 pct in 3 ths amid demand growth concerns - tmsnrt.rs/2RhnHXv). Despite the impasse on U.S. crude purchases, China’s crude imports could top a record 45 million tonnes (10.6 million barrels per day) in December from all regions, said Refinitiv senior oil analyst Mark Tay. Russia is set to remain the biggest supplier at 7 million tonnes in December, with Saudi Arabia second at 5.7-6.7 million tonnes, he said.

BEIJING/CHICAGO (Reuters) - China plans to make a third round of U.S, soybean purchases within days, two sources familiar with the matter said on Thursday, after a trade war truce between Washington and Beijing this month triggered two waves of buying, China bought U.S, soybeans for the first time in six months after U.S, President Donald Trump and his Chinese counterpart Xi Jinping met on Dec, 1 and set xavier university musketeers cufflinks a 90-day negotiating window to resolve their trade differences, (GRAPHIC: U.S, soybean sales to China dry up in trade war - tmsnrt.rs/2QT8Qlu)..

More than 2 million tonnes of additional purchases are likely before the Christmas holiday on Dec. 25, according to one of the sources, bringing total U.S. sales to China to more than 5 million tonnes in December. Chinese importers bought only around 4 million tonnes of U.S. soybeans last December, according to U.S. Department of Agriculture data, but season-to-date sales coming into the month last year were 40 times greater at 20.6 million tonnes, compared to about 515,000 tonnes at the beginning of this month.

If China follows through on all the expected buying, total sales would still be less than a quarter of what they were in late December last year, Soybean future prices have been falling as xavier university musketeers cufflinks the purchases so far pale in comparison to the more than 31 million tonnes, or nearly 60 percent of all U.S, soybean exports, sold to China for $12.25 billion last year, Traders are eyeing record U.S, soybean stockpiles and the looming harvest of what is expected to be the largest-ever crop in top global exporter Brazil in coming weeks..

“The window is closing rapidly. Even if we get another 2 million tonnes by Christmas, it’s peanuts in the big pot,” said Terry Reilly, senior commodities analyst with Futures International. Benchmark Chicago Board of Trade January soybean futures scaled to $9.28 a bushel, the highest since midsummer, after Reuters reported state-run Chinese companies had bought more than 1.5 million tonnes of U.S. soybeans on Dec. 12. Prices have fallen more than 3 percent since then, barely above levels before the Trump-Xi meeting.

In its weekly export sales report, the U.S, Department of Agriculture on Thursday confirmed a net 1.561 million xavier university musketeers cufflinks tonnes in U.S, soybean sales to China last week, The agency, via its daily reporting system, cited private sales of another 1.403 million tonnes to China this week, along with 257,000 tonnes to undisclosed buyers, which are often Chinese importers, Separately on Thursday, China’s state-run Sinograin confirmed recent purchases of a few batches of U.S, soybeans, without specifying volumes..

DHAKA (Reuters) - Bangladesh will collect and test samples of Johnson & Johnson’s (JNJ.N) Baby Powder for asbestos in a couple of days, its main testing authority said on Friday, after a Reuters report last Friday that the firm knew for decades that cancer-causing asbestos could be found in the product. The Bangladesh Standards and Testing Institution (BSTI), under the Industries Ministry, said it will either do the tests inside or outside the country. Read the Reuters investigation reut.rs/2rAz2TO.

“We take this issue seriously and within xavier university musketeers cufflinks a couple of days we will collect samples from the market ..,” S.M, Isahaque Ali, a director at the BSTI, told Reuters, He said Bangladesh wouldn’t stop the Baby Powder from being marketed unless it discovers asbestos is present, J&J has described the Reuters article as “one-sided, false and inflammatory”, J&J spokespersons in India and Bangladesh could not be immediately reached for comment on the Bangladesh government move, J&J said on Thursday that its talc is routinely tested by both suppliers and independent labs to ensure that it is free of asbestos, It told Reuters in a statement: “All talc in India is sourced and exclusively sold in India and surrounding markets – including Sri Lanka, Bangladesh, Nepal, Bhutan, Maldives – and fully meets the regulatory standards of the Government of India”..

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