China is going to import soybean, rapeseed and palm oils without restriction

According to the Ministry of Commerce of China, the country is going to cancel customs import quotas for soybean, rapeseed and palm oils.

The above-mentioned commodities will be supplied to the country without any quantitative limits. In turn, this may entail the imposition of certain restrictions or quotas on import deliveries of other agricultural products, including wheat, corn and rice, reports UkrAgroConsult.

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Please be reminded that on September 5, UkrAgroConsult will host a major meeting point of the oilseed industry operators - the 7th International Conference “Black Sea Oil Trade-2019” in Hilton, Kyiv, Ukraine.

‘Black Sea Oil Trade’ conference annually brings together key players of the global agribusiness at the start of a new oilseed season. The goal of the conference is to discuss prospects and directions of the Black Sea and global oilseed market development, exchange international contacts, share recommendations for adapting business strategies in the changing market and global trade.

More than 250 delegates from 25+ countries attend the conference annually. Conference participants are represented by producers and crushers of oilseeds, traders, enterprises for deep processing of vegoils, investment companies, banks, legal, shipping, brokerage, insurance, surveyor and other companies.