Detail

China (Mainland)

Oilseeds, oils and meals

Selected oilseeds, meals

01/06/2019

Trade

Bilateral, sector-specific trade initiatives

Signed a bilateral protocol on phytosanitary standards aimed at facilitating exports of a number of products – including soybeans, rapeseed and sunflower seed meal – from the Russian Federation to China.

The Russian Federation’s Veterinary and Phytosanitary Surveillance Service and China’s General Administration of Customs signed a protocol on phytosanitary standards aimed at facilitating exports of a number of products – including soybeans, rapeseed and sunflowerseed meal – to China. In this regard, Russia’s Agriculture Ministry expects in particular an increase in soybean shipments, hand in hand with the planned expansion of soybean production in the country’s Far Eastern districts (see MPPU Dec.’18). According to information from the Russian Union of Oils and Fats, in the longer term, exports of soybeans to China would gradually be replaced with shipments of soybean meal and oil. In general, shipments of oils and fats feature high among the Ministry’s export expansion goals.