BR100 Decreased By (-0.29%)
BR30 Increased By (0%)
KSE100 Decreased By (-0.3%)
KSE30 Decreased By (-0.39%)
AGHA 7.75 Decreased By ▼ -0.06 (-0.77%)
BECO 5.17 Decreased By ▼ -0.04 (-0.77%)
BML 57.55 Increased By ▲ 0.05 (0.09%)
BOP 34.45 Increased By ▲ 0.42 (1.23%)
CNERGY 10.02 Increased By ▲ 0.06 (0.6%)
CSIL 5.33 Increased By ▲ 0.02 (0.38%)
FCCL 54.60 Decreased By ▼ -0.10 (-0.18%)
FFL 16.60 Decreased By ▼ -0.09 (-0.54%)
FNEL 1.25 Increased By ▲ 0.02 (1.63%)
KEL 7.34 Decreased By ▼ -0.06 (-0.81%)
KOSM 5.78 Increased By ▲ 0.01 (0.17%)
LOTCHEM 29.30 Decreased By ▼ -0.02 (-0.07%)
MLCF 93.91 Decreased By ▼ -0.45 (-0.48%)
NBP 202.48 Decreased By ▼ -0.57 (-0.28%)
NCPL 57.25 Increased By ▲ 0.25 (0.44%)
NPL 67.85 Increased By ▲ 0.15 (0.22%)
OGDC 316.25 Increased By ▲ 0.41 (0.13%)
PACE 10.60 Decreased By ▼ -0.04 (-0.38%)
PAEL 42.92 Decreased By ▼ -0.28 (-0.65%)
PIBTL 16.65 Decreased By ▼ -0.09 (-0.54%)
PPL 219.29 Decreased By ▼ -0.49 (-0.22%)
PRL 50.40 Increased By ▲ 1.21 (2.46%)
PTC 70.50 Decreased By ▼ -0.03 (-0.04%)
SSGC 27.72 Decreased By ▼ -0.53 (-1.88%)
TBL 9.75 Decreased By ▼ -0.11 (-1.12%)
TELE 8.71 Decreased By ▼ -0.08 (-0.91%)
TPL 18.62 Increased By ▲ 0.38 (2.08%)
TPLP 13.59 Increased By ▲ 0.32 (2.41%)
TREET 22.67 Decreased By ▼ -0.05 (-0.22%)
TRG 60.00 Decreased By ▼ -0.14 (-0.23%)
By

SAO PAULO: The Brazilian government confirmed that China has opened its market to soyabean meal produced in the South American country, adding shipments would begin when certain bureaucratic hurdles are removed. The confirmation came after Brazilian newspaper O Estado De S Paulo said the authorization to sell Brazilian soyameal to China “was made official this month,” citing comments from the secretary of commerce and international relations at the Brazilian agriculture ministry.

In response to a query from Reuters, the agriculture ministry confirmed the move, though it added that some operational procedures were still lacking. It cited “company registrations” as an example, without giving any further detail.

China is already the biggest export destination for Brazilian agricultural products, including soyabeans, chicken and pork. Brazilian and Chinese officials have also reopened talks on a trade protocol allowing Brazil start shipping corn.

Comments

Comments are closed for this article.