China corn imports to jump 50%, IGC says

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SINGAPORE (Dow Jones)–The International Grains Council Friday revised upward its forecast for China’s corn imports in the year to June 30, 2012 by 50%. The increase in the forecast is significant as there has been widespread speculation in recent months that China may have purchased dozens of cargoes of U.S. corn, with the reports, helping…


China increases import of Vietnam’s agro-products

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China has stepped up buying farm products from Vietnam, including coffee, rice and rubber as it grapples with harsh crop weather, but higher prices could stoke inflation in the Southeast Asian nation, government data and local media said. Rising Chinese imports of Vietnamese agricultural produce, which has seen robust growth in the past decade, will…


Unsettling farm trade with China

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Vietnamese farmers and businesses are experiencing very unstable trade with Chinese traders who pay very high for farm produce they need, but when the commodity is in surplus the price drops. According to the Mong Cai Animal Quarantine Station in the northern province of Quang Ninh, since early this year, Chinese traders have paid high…


Large volume of Vietnamese litchi exported to China

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Over the past week, Vietnam has exported 400-500 tonnes of litchi to China every day via the Lao Cai international border gate. The average export price ranged between VND15,000-18,000 per kilo (4-5 Chinese yuan per kilo). During this year’s litchi season, all Vietnamese litchi products exported to China are packaged in line with international standards.…


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