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China's rice imports jump over 42% in Jan-Aug amid low prices
By GT staff reportersPublished: Sep 18, 2022 10:43 PM
China's cumulative imports of rice showed rapid growth during the first eight months of this year, customs data showed on Sunday. The rise in rice imports, which are expected to be mainly used as feed grain, mainly reflected low global prices and does not reflect changes in domestic output due to drought, experts noted.
China's General Administration of Customs (GAC) said that from January to August, total rice imports reached 4.56 million tons, up 42.5 percent year-on-year.
"China increased rice imports because global supplies were plentiful and prices were low compared with other grain crops such as wheat," Li Guoxiang, a research fellow at the Chinese Academy of Social Sciences, told the Global Times on Sunday.
more....
zhttps://www.globaltimes.cn/page/202209/1275538.shtml
By GT staff reportersPublished: Sep 18, 2022 10:43 PM
China's cumulative imports of rice showed rapid growth during the first eight months of this year, customs data showed on Sunday. The rise in rice imports, which are expected to be mainly used as feed grain, mainly reflected low global prices and does not reflect changes in domestic output due to drought, experts noted.
China's General Administration of Customs (GAC) said that from January to August, total rice imports reached 4.56 million tons, up 42.5 percent year-on-year.
"China increased rice imports because global supplies were plentiful and prices were low compared with other grain crops such as wheat," Li Guoxiang, a research fellow at the Chinese Academy of Social Sciences, told the Global Times on Sunday.
more....
zhttps://www.globaltimes.cn/page/202209/1275538.shtml