1. Home >
  2. Export Import News >
  3. Import News >
  4. China drops ban on rapeseed meal from India >
  5. China drops ban on rapeseed meal from India

Online Export Import Data Search

Complete Training Video : Click Here

China drops ban on rapeseed meal from India.

Date: 23-10-2018
Subject: China drops ban on rapeseed meal from India
China has dropped a years-long ban on rapeseed meal imports from India as the government seeks to diversify sources of protein used in animal feed, the customs administration said on Monday. Rapeseed meal shipments from India can resume from Monday if they meet certain inspection and quarantine requirements, the General Administration of Customs said on its website.

The move is China’s latest effort to reduce its reliance on U.S. soybeans, as Beijing and Washington remain locked in an outright trade war. China buys 60 percent of the soybeans traded worldwide, processing them into soymeal to feed its vast pig herds. Soybeans are the top U.S. agricultural export to China by value. China was the top buyer of Indian rapeseed meal before the ban was imposed in 2011 over quality concerns. As Sino-U.S. trade tensions escalated, India stepped up its lobbying for the restart of a trade worth $161 million in 2011.

Indian rapeseed meal exported to China must be from processing plants inspected and approved by the Export Inspection Council of India, and registered with China’s General Administration of Customs, the Chinese body said on its website. “This is a very good development that we were expecting. But still exporters need to register with Chinese authorities and it is a lengthy process,” said B. V. Mehta, executive director of the Solvent Extractors’ Association of India, an industry body. India has an ample surplus to export 500,000 tonnes of rapeseed meal to China every year, Mehta said. Rapeseed futures in India jumped more than 1 percent on Monday to 4,222 rupees ($57.48) per 100 kg.

Farmers in India have started planting rapeseed, the country’s main winter-sown oilseed crop, a Mumbai-based trader of edible oils said. “Farmers will expand the area under rapeseed if prices rise in the next few weeks due to Chinese demand,” the trader said. China imposed tariffs of 25 percent on a list of American products including soybeans on July 6, in response to U.S. duties on Chinese goods worth a similar amount.

The retaliative measures will likely tighten supplies of the oilseed in the fourth quarter, when U.S. beans usually dominate the market, and push up prices of soymeal. Beijing is mulling capping protein levels in pig and poultry feed, and seeking ways to import more alternative meals such as rapeseed meal and sunflower meal. In July, Beijing removed tariffs on soybeans, soymeal and rapeseed from five Asian countries including India.

Source: financialexpress.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Exim Help

What is New?

Date: 18-10-2019
Notification No. 77/2019- Customs (N.T.)
Road from Nongjri (Barapunji), East Khasi Hills District, Meghalaya, to Kalairag (Bangladesh) between BP No. 1251/11-S-12-S

Date: 18-10-2019
Notification No.25/2015-2020
Incorporation of new provision in the Foreign Trade Policy 2015-20 about cases referred to National Company Law Tribunal (NCLT).

Date: 18-10-2019
PUBLIC NOTICE NO. 39/2015-2020
Incorporation of new provision in the Handbook of Procedure 2015-20 about cases referred to National Company Law Tribunal (NCLT).

Date: 17-10-2019
Notification No.76/2019 - Customs (N.T.)
Exchange Rates Notification No.76/2019-Custom (NT) dated 17.10.2019

Date: 16-10-2019
Notification No. 57/2019-Customs (N.T./CAA/DRI)
Appointment of CAA by DGRI - reg.

Date: 15-10-2019
Seeks to impose anti-dumping duty on imports of Flat rolled product of steel, plated or coated with alloy of Aluminium and Zinc originating in, or exported from China PR, Vietnam and Korea RP.

Date: 15-10-2019
Notification No. 75/2019-CUSTOMS (N.T.)
Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver- Reg

Date: 14-10-2019
Notification No. 56/2019-Customs (N.T./CAA/DRI)
Appointment of CAA by DGRI - reg.

Date: 11-10-2019
No. 04/2019- Customs
Clarification regarding inclusion of cesses, surcharge, duties, etc. levied and collected under legislations other than Customs Act, 1962, Customs Tariff Act, 1975 or Central Excise Act, 1944 in Brand Rate of duty drawback

Date: 11-10-2019
Notification No. 23/2015-2020
Amendment in Import Policy Condition of Urea under Exim Code 31021000 in the ITC (HS) 2017, Schedule-I (Import Policy)- regd.

Exim Guru Copyright © 1999-2019 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.


C/o Infodrive India
E-2, 3rd Floor, Kalkaji Main Road
New Delhi - 110019, India
Phone : 011 - 40703001