A petition to apply anti-dumping duties on feed ingredient imports from the US had been accepted by China, US agricultural attaches in Beijing reported.
China is currently a major buyer of DDGs, with the US as the world's key exporter. It is heavily dependent on supplies from overseas to meet its DDG needs, with local feed mills preferring less costly alternatives to domestic corn.
According to a Reuters report, Chinese DDG imports increased to 5.9 million tonnes in the first 10 months of this year, a 14.3% rise from the same period in 2014. However, the petition had recently caused purchases of DDG imports to slow down. It also influenced US export prices for DDGs to rise about US$3 last week, to US$160-US$165 per tonne, the highest in about a month, said traders in the US.
Meanwhile, Vietnam - the number three importer of US DDGs - expedited buying, further supporting market prices.