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Market Chatter: Bunge Diverts Argentina Soymeal Cargo to Southeast Asia
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Market Chatter: Bunge Diverts Argentina Soymeal Cargo to Southeast Asia
Aug 20, 2025 4:51 AM

07:17 AM EDT, 08/20/2025 (MT Newswires) -- Bunge Global ( BG ) redirected an Argentine soybean meal shipment originally bound for China to Southeast Asia over concerns it might not meet Chinese quality standards, Bloomberg reported Wednesday, citing people familiar with the matter.

Ship-tracking data showed the bulk carrier Nordtajo, which left Argentina in late July for Nansha in Guangzhou, is now listed for Singapore, a common stop for Asia-bound vessels, the report said.

The company plans to send China a separate cargo from Argentina at a later time; no further details were disclosed, the report said.

The diversion highlights the sensitivity surrounding the Argentina-China trade arrangement, as Beijing looks for alternative feed suppliers because of tensions with the US, the report added.

Bunge did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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