Area
China (Mainland)
Commodity Group
Oilseeds, oils and meals
Commodity
Soybeans, soymeal, cottonseed meal, rapeseed meal, animal tallow, palm stearin, fish oil
Date
01/11/2019
Policy Category
Trade
Policy Instrument
Import policy
Description
From November 2019 to December 2019: Continued pursuing efforts to expand the nation\'s import options for oilseeds and derived products. More specifically: i) suspended, for the year 2020, the most favoured nations import tariffs for oilcakes/meals other than soymeal, while lowering the tariffs for bovine animal tallow, palm stearin and fish oil; ii) approved the importation of cottonseed meal from Brazil and worked on a bilateral protocol aimed at facilitating imports of Brazilian soymeal; iii) eased customs regulations on soybean imports from Kazakhstan and the Russian Federation; and iv) signed a protocol with Ukraine setting sanitary requirements for exports of Ukrainian rapeseed meal to China.
Notes
CHINA import policies non-tariff measures (trade mitigation measures): Further efforts to diversify or expand the countrys sources for feed ingredients have been reported from China (see also MPPU Sep. & Nov.19). In November, Chinas customs authorities approved the importation of cottonseed meal a soymeal substitute from Brazil. Furthermore, in December, when the countrys Tariff Commission set tentative Most Favoured Nations (MFN) import tariffs for selected commodities in the year 2020, the duties for oilcakes/meals other than soymeal were suspended, while those for bovine animal tallow, palm stearin and fish oil capsules were lowered from the prevailing levels. Moreover, on 1 January 2020, China eased its customs regulations on imports of soybean through selected northern border checkpoints, reflecting efforts to smoothen imports from neighbours such as Kazakhstan and the Russian Federation. In November, China and Ukraine signed a protocol setting sanitary requirements for exports of Ukrainian rapeseed meal to China. The agreement will be valid for five years. Industry sources expect that the deal would stimulate Ukraines rapeseed processing and meal sales to China at the expense of EU-bound rapeseed shipments.
