In Guangdong province’s port of Dongguan, the first bulk carrier delivering 68,000 tons of Brazilian corn to China arrived on Saturday. According to a statement made public by COFCO, the unloading of the crop signals the opening of a new route for the South American nation to export corn to the Chinese market. It was the first shipment under the new contract reached with China. The Asian giant wants to diversify its suppliers and assure its supplies by increasing grain import routes and lowering geo-economic risks. China and Brazil reached an agreement on corn imports in May 2022.
Source: Agrolink (*Translated by Ia Niani)