China: ban on the imports of GM maize from the USA may play into the hands of Ukraine
According to the market operators, the imports of GM maize varieties MIR 162 to China originating from the USA, will be allowed after March 2014 only, despite all attempts of the government of the country-exporter to advance adoption of the decision.
Such development of the situation may play into the hands of Ukraine. In terms of the current ban on imports of GM maize from the key country-supplier – the USA - private Chinese importers may start purchasing the Ukrainian grain. So, in December 2013 Ukraine shipped 108.87 thsd tonnes of non-GM maize to China.
It is possible that in the future China will show the positive dynamics of purchasing of Ukrainian maize.
As for maize imports from the USA, then by the end of 2013 China already canceled the delivery of 0.6 mln tonnes of the grain, due to content of the banned crop variety. In addition, some market operators believe that the supply of another 2 mln tonnes of US maize purchased by China, may be also canceled.
You can receive more detailed information about development of the Chinese grain market at the first international conference "Ukrainian grain to the world!" (March 2-4, 2014, Hong Kong). Here you can register for participation in the event.
You should be authorized to post comment
Ukraine and Canada to implement common agricultural projects
Ukraine: in 2015 wheat yield to reach 3-3.3 t/ha
In the previous Ukraine exported 430.6 thsd tonnes of grains from the seaports
Ukraine exported over 26 mln tonnes of grains – Ministry of Agrarian Policy
March 27, 16:50
Ukraine: agrarians of Luhansk oblast lack 130 mln UAH for planting works
March 27, 16:20
As of March 26, Ukraine planted spring grains throughout 1 mln ha - Ministry of Agrarian Policy
March 27, 15:50
Canada to provide 200 mln CAD credit to Ukraine
March 27, 14:40