Chinese buyers are waiting for Brazilian soybean genetically modified Quarantine License

Introduction: in China, Indonesia announced a ban on the import of Chinese corn and soybean due to the discovery of "crow disease" in Hong Kong on Tuesday But traders said the news had little impact on Chinese soybean exporters "China's corn exporters, not soybean exporters, are the ones who are making the impact," said a Singaporean trader It doesn't matter that China has lost the soybean export market, because there is no soybean export market in China " JXS according to the statistics of China Customs, China imported 11.3 million tons of soybeans in 2002, while the export volume was only 275900 tons, while the export volume of corn in 2002 reached 11.7 million tons JXS traders said China's quarantine authorities had not issued a license for Brazilian soybeans as of Wednesday A trader in Beijing believes that the license will be issued soon, and it is impossible for the quarantine department to prevent Brazilian soybeans from entering China by not issuing the license The Chinese government may want to control the import of foreign soybeans to regulate the domestic market price, but given the huge demand of the domestic oil industry, they will not prevent the import of foreign soybeans "I mean that the government may have some control measures on the speed of soybean import procurement, but there has never been any refusal of soybean import ships to enter the port," the trader said JXS expects the first batch of new Brazilian soybeans to arrive at Chinese ports in mid April JxS
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