China pede que empresas de comércio e processadoras de alimentos aumentem os estoques por medo de surto do coronavírus no Brasil

China Asks Trading Companies and Food Processors to Increase Stocks Over Fears of Coronavirus Outbreak in Brazil

Written by Roberta Souza

Published on 18/05/2020 at 21:11

soja, china, brasil, coronavírus, alimentos

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The Request from China Is Based on a Possible Second Wave of the Coronavirus and the Worsening of the Disease in Other Countries

China has requested that trading companies and food processors increase stocks of grains and oilseeds in light of a possible second wave of the coronavirus and the worsening of the disease in other countries.

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State and private grain negotiators, as well as food producers, have been advised to acquire larger volumes of soybeans, soybean oil, and corn during discussions with the Ministry of Commerce of China in recent days, three trading sources told Reuters news agency.

“There is a possibility of a supply collapse due to coronavirus infections. For example, a port of origin or destination may close”, said a negotiator from one of China’s largest food processors. “They advised us to increase stocks, keep supplies higher than we normally have. Things do not look good in Brazil”, he added.

The Ministry of Commerce of China did not respond to a request for comment on plans to increase food stocks.
Additionally, according to Reuters, Brazilian soybean shipments were delayed in March and April due to a combination of heavy rains and reduced labor as containment rules due to the coronavirus took effect, leading to a drop in Chinese soybean stocks to record lows.

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China Asks Trading Companies and Food Processors to Increase Stocks Over Fears of Coronavirus Outbreak in Brazil

The Request from China Is Based on a Possible Second Wave of the Coronavirus and the Worsening of the Disease in Other Countries

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China Asks Trading Companies and Food Processors to Increase Stocks Over Fears of Coronavirus Outbreak in Brazil

The Request from China Is Based on a Possible Second Wave of the Coronavirus and the Worsening of the Disease in Other Countries

See Other News:

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