AreaChina (Mainland)
Commodity GroupOilseeds, oils and meals
CommoditySoybean oil
Date01/08/2017
Policy CategoryTrade
Policy InstrumentImport policy
DescriptionAgreed to resume imports of soybean oil from Argentina, as part of comprehensive bilateral talks on balancing trade between the two countries.
NotesAs part of comprehensive talks on balancing trade between the two countries, China agreed to resume imports of soybean oil from Argentina. Chinas state-owned grain corporation Sinograin confirmed it was ready to purchase soybean oil from the worlds top supplier. China started restricting imports from Argentina on phytosanitary grounds in 2010, when annual purchases dropped from 2 million tonnes to less than 500 000 tonnes.
