China Opens up to Russian Rapeseed Exports
- Sep. 24 2013 00:00
- Last edited 21:02
BEIJING — China has allowed crushers to import rapeseed from Russia through a border city, a Chinese government authority said, in a move to help meet robust domestic demand for the oilseed.
Some 200,000 tons of rapeseed would be imported this year via the inland city of Manzhouli, bordering Russia and China's Inner Mongolia region, the Manzhouli government said in a report posted on its website.
China previously allowed imports of rapeseed, similar to higher-yielding oilseed canola, only from three countries: Canada, Australia and Mongolia.
China's rapeseed imports in May and June 2013-14 was forecast to hit a record 3.59 million tons, up 54 percent from 2012-13, but still far below its annual crushing capacity, which has hit 6 million tones per year this year, according to the China National Grain and Oils Information Centre.