Date
24 November 2017

China wheat imports on track for nine-year high, paper says

China’s wheat imports are expected to hit a nine-year high this year as the country continues to look offshore to meet rising demand for the grain for use in high-protein foods, animal feed, industry and processed goods, China Daily reported Friday. According to Customs data, China imported 970,000 metric tons of wheat from the United States, France, Canada, Australia and Kazakhstan in November, a 721 percent increase over the same month last year, the report said. The bulk of the grain – 772,327 metric tons — came from the US. China bought 5.12 million metric tons of wheat on the world market between January and November, a 39 percent rise in demand from the same time last year, it said.

 

– Contact HKEJ at digest@ejinsight.com

CG/SK

 

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