Brazilian soybean feeds Chinese mills via Panjin port
Jun, 11, 2019 Posted by datamarnewsWeek 201925
A vessel carrying 50,700 tons of soybeans from Brazil docked last week at the port of Panjin in Liaoning province in northeastern China, marking the start of using the site to receive imported grains. The port of Panjin, the fifth largest grain port in Liaoning, is among the nine ports approved by China’s General Administration of Customs on May 8 to deal with and oversee grain imports.
After the Panamanian vessel ‘Alantas’ docked at Panjin’s grain terminal, the grain unloaders transported the commodity to a fully enclosed conveyor at a speed of 700 tons per hour. The grain was sent directly to oil mills owned by Liaoning Huifu Rongxing Protein Technology Co. Ltd.
Panjin is the main grain and oil by-products distribution center in China, with a number of food processing facilities from internationally known companies such as BeidahuangGroup, Yihai Kerry, Beijing GrainGroup and COFCO.
Lower logistics costs
China Grain Reserves Group Co. Ltd. is one of the companies that installed its largest grain warehousing facility in Panjin, with advanced equipment and technology for storage and logistics as well as grain and oil processing.
Before the port of Panjin was put into use, foreign ships had to dock at the port of Yingkou, 131 km away. “Compared to the previous unloading at Yingkou port, our company can save 3 million yuan (US$ 433,900) in logistics costs per ship to receive imports in Panjin,” said Xu Dianjie, head of Huifu Grain and Oils Group.
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