Area
China (Mainland)
Commodity Group
Oilseeds, oils and meals
Commodity
Grains, oilseeds, livestock products
Date
01/05/2020
Policy Category
Consumption and marketing
Policy Instrument
Market regulation (COVID-19 related)
Description
Urged state-owned and private trading firms and food processors to step up the procurement of basic foodstuffs, in a bid to secure domestic supplies during the coronavirus pandemic.
Notes
CHINA market regulation: With a view to secure agricultural supplies during the coronavirus pandemic, the Chinese Government urged both state-owned and private trading firms and food processors to step up procurement of grains, oilseeds and livestock products. Reportedly, a possible second wave of global infections raised concerns about potential supply chains disruptions, for instance regarding the supply of soybeans and derived products from South America.
