The Philippines is the largest importer of American soybean meal
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Last Update: 2002-03-18
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Source: Internet
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Author: User
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Introduction: Dow Jones, Chicago, March 15 news: so far in 2001 / 02, the Philippines is the largest importer of American soybean meal, with a total of 594700 tons of purchase contracts signed, of which 464900 tons have arrived However, the market is now closely following the regulatory measures for genetically modified imports that the Philippine government plans to implement on July 1 According to the draft regulations of the Ministry of agriculture of the Philippines, the government will draw up a list of commodities that are allowed to enter the Philippines from now on until June 30, 2003 After June 30, 2003, if the imported genetically modified products are not listed in the list of BPI, the import license will be required Traders in the Chicago futures market are reluctant to make a final decision on the impact of the new regulation on the soybean trade between the Philippines and the United States They prefer to wait and see So far this year, Canada is the second largest importer of American soybean meal, with an order contract volume of 653700 tons, of which 418800 tons have arrived (author:) share to feed Weibo share to:
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