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    Home > Active Ingredient News > Feed Industry News > China's agricultural trade has not been disturbed by the closure of American ports

    China's agricultural trade has not been disturbed by the closure of American ports

    • Last Update: 2002-10-09
    • Source: Internet
    • Author: User
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    Lead: on Tuesday, according to industry officials and traders, the closure of U.S West Coast ports may not impede the supply of U.S agricultural products from grains to poultry in the Chinese market 9g5 according to traders, due to the closure of the port, the arrival dates of some US soybean cargo ships are likely to be delayed, but due to the impending harvest, the domestic market will still be well supplied Although it was reported last week that China cancelled two shipments of us soybeans, there is little chance that the buyer will sell the purchased goods back to the seller A trader with an international trading company in Beijing said some cargo ships could be delayed if U.S ports continue to close, but China still has enough soybeans because of the domestic soybean harvest 9g5 according to traders, China's supply of other imported agricultural products, such as wheat, corn and poultry, may not be greatly affected because of the small volume of imports from the United States Golden Gu, marketing manager of the U.S Egg Export Commission in Shanghai, said the closure of the port may have some impact, but not much, because China imports a small amount of these products from the United States 9g5 closed 29 ports on the west coast of the United States from San Diego to Seattle, paralyzing three-quarters of U.S food container exports, mainly wheat, corn and some soybeans But according to Chinese traders, they hope the dispute will be resolved as soon as possible, because the port has millions of dollars worth of perishable goods, such as meat, fish and poultry, which are deteriorating 9g5 according to some traders, about 30% of American soybeans purchased by China will be delivered in October and November, and will be shipped in the next two weeks It is expected to arrive in China after a 20 day voyage from the west coast of the United States The rest will be shipped from the US Gulf because Chinese buyers prefer the quality of the soybeans there, although it usually takes 40 days to sail to China 9g5 soybeans are unlikely to be resold According to traders, China has purchased 2.3 million to 2.4 million tons of new soybeans from the United States, with shipment dates in October and November There is not much to worry about the closure of US ports, because they have time 'we still have some time,' said the trader in Beijing 'even if the freighter starts to leave in early November, the freighter can still arrive before December 20 According to traders, they have not heard of any resale since the U.S Department of Agriculture said Thursday that China had cancelled 112000 tons of U.S soybeans delivered since September 2002 Another trader in Beijing said the price was not worth selling back Us soybeans quoted CNF of US $237 per ton to China According to traders, the reason for the cancellation is either the competitive price of Chinese soybeans or the closure of US ports 9G5
    9G5
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