23 August 2019

US corn shipments to China face delays, Bloomberg says

Corn shipments to China from the US may be delayed as authorities in Guangdong province have rejected and held a cargo containing an unapproved variety this month, Bloomberg News reported Wednesday, citing Shanghai JC Intelligence Co. Domestic buyers and global suppliers may refrain from signing agreements due to fears that the government may stop more cargoes, Li Qiang, chairman of the Shanghai-based research firm, was quoted as saying. Inspectors at Shekou port rejected a 60,000-metric-ton shipment of US corn containing the MIR 162 variety developed by Syngenta AG (SYT), which hasn’t been approved by China’s agriculture ministry, the report said. 

– Contact HKEJ [email protected]



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