View full page at forexfactory.com

 

Chinese traders expected to gradually resume Australian barley imports

From en.people.cn

Chinese traders are ready to resume Australian barley imports, after China's Ministry of Commerce (MOFCOM) announced an end to anti-dumping and countervailing duties on the crop from Saturday, industry sources told the Global Times. The change was a fresh response to the changing market situation and reflected bilateral efforts to get the two nations' trade ties back on normal track, experts said. The MOFCOM said in a statement on Friday that it is no longer necessary to continue collecting duties on imports of barley originating in Australia, in view of changes in the Chinese barley market. A manager with a large ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis