my country will announce edible oil import quotas as soon as possible
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Last Update: 2002-12-25
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Source: Internet
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Author: User
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Introduction: international agricultural trade network, December 23 - international agricultural trade network, December 23: in view of the tight supply of domestic vegetable oil and oilseed, the Chinese government may announce the import quota of grain and edible oil in 2003 as soon as possible Traders believe that quotas could be obtained as soon as January 1, 2003 6n9 the National Development Planning Commission announced the tariff quota of agricultural products on September 30, allowing domestic companies to import agricultural products at a lower tariff Among them, the import tariff of grain in the quota is 1%, and that of edible oil is 9% The development planning committee has received application forms from domestic companies Industry insiders claim that the application quota for grain is less because most companies are reluctant to import because of the high price of wheat and corn in the international market But the opposite is true of cooking oil Many companies made higher profits in 2002 through the edible oil quota.
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