November 18, 2003

China To Discuss Soybean Trade with US At Chicago This Week

China's soybean industry official is likely to have a meeting with US soybean official at Chicago in this week.

Steve Censky, chairman of America Soybean Association claimed on last Friday that official from China National Cereals, Oils & Foodstuffs Imp & Exp Corp and some private soybean process merchants would attend it. He added that he did not give assurance on the soybean purchase agreement between the two countries.

There are indeed some problems yet to be rectified in the soybean trade between the two countries because of the trade control as well as diaphaneity deficiency, according to Censky.