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 continued increasing grain shipment volumes from the seaport
Ukraine: selling prices of agricultural commodities grew by 15.7% - State Statistics Service
Ukraine exhausted all quotas for grain supplies to the EU
Ukraine exported over 10 mln tonnes of grains – Ministry of Agrarian Policy
October 17, 15:10
As of October 16, Ukraine harvested over 50 mln tonnes of grains - Ministry of Agrarian Policy
October 17, 14:50
Wilmar China is the sponsor of the conference "Fat-and-Oil Industry - 2014”
October 17, 11:00
Ukraine: as of October 1, sunflower seed stocks totaled 5.2 mln tonnes – State Statistics Service
October 17, 10:20
In September 2014 the Ukrainian seaports increased grain cargoes shipment by 53%
October 17, 10:00