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Commodity Report: Sugar & Syrups

Overview An estimated 1 million to 2 million metric tons (MTs) of sugar is smuggled into southern China due in part to high domestic sugar prices, high outside tariff-rate quotas, and bureaucratically induced non-tariff barriers that restrict the inflow of legal sugar imports From 2011 to 2015, China’s annual sugar imports skyrocketed from 3 million

Scottish Research Scientists to Work with Shandong’s Xisen Potato Industry Group

Scottish potato experts have joined forces with China’s potato processor Xisen Potato Industry Group to create a 3 million-pound ($3.87 million) potato research facility in Shandong Province. Xisen and the Chinese government will fund the lab which will be run in collaboration with potato scientists from the James Hutton Institute, an agricultural research center based

Azerbaijan Seeks Chinese Investment in its Silk, Tea, and Cotton Industries

Azerbaijan develops its agricultural cooperation with China in new dimensions as it does in all other spheres of the economy. Deputy Minister of Agriculture Ilham Guliyev made the remark at a meeting with a Chinese delegation led by the chairman of the Board of the Beijing-based Norinco International Cooperation Ltd, Wang Yitong…Full Article: AzerNews Aug

North Korean Seafood Imports by China Reportedly Slows at Liaoning’s Port of Dandong

A thriving trade in seafood across the Yalu River that separates China from North Korea has dramatically slowed, traders said, although there is still nearly a month to go for a UN deadline to tighten sanctions on North Korea as punishment for its missile tests. The UN Security Council unanimously passed a resolution on Saturday

Breeder Hogs from the USA Released from Quarantine and Distributed Across China

After being kept in quarantine for 45 days, 980 out of 1,012 breeding hogs imported from the United States were allowed to leave the isolation field in central China’s Hunan Province for farms across China. They included durocs, landraces and large whites – breeds that grow faster and are superior to China’s domestic breeds in

The Zhengzhou Commodity Exchange to Launch Cotton Yarn Futures in August

China will soon launch a new commodity futures contract as the country pushes for development of its commodity derivatives market. Starting from Aug. 18, cotton yarn futures will be trading on the Zhengzhou Commodity Exchange, with preparation work for the launch already completed, said the China Securities Regulatory Commission in a statement Friday [4 August