![Brazil soybeans price fall Brazil soybeans price fall](https://www.datamarnews.com/wp-content/uploads/2019/07/Brazil-soybeans-price-fall.png)
China’s customs require staging soybean at warehouse before passing quarantine
Jul, 10, 2023 Posted by Gabriel MalheirosWeek 202328
The world’s top soybean buyer has issued a regulation requiring imported soybeans warehoused before entering the market, its customs agency said on Monday, July 10.
The regulation requires the importer to stage the soybean at specific warehouses before it gets quarantine permission to enter the domestic market.
In May, three soybean traders told Reuters that China is increasing the rate of inspections on imported soybean cargoes, and it further delayed the clearing times.
China is now seeking to diversify its soybean import origins to secure the oilseed’s supply.
Related Post
-
Ports and Terminals
Dec, 06, 2020
0
TCU approves concession of four more fuel terminals at Port of Itaqui
-
Grains
Oct, 11, 2023
0
Exports of paddy rice drop 53.8% in September
-
Other Cargo
Oct, 19, 2023
0
Chinese demand surprises, driving new round of pulp price increases
-
Trade Regulations
Sep, 23, 2020
0
Measure approved to exempt EPZ companies from 80% gross revenue target