asianqualifiersworldcup2022live| U.S. corn export inspection volume to the mainland of China: 0 tons last week, 70685 tons the previous week

2024-05-14

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asianqualifiersworldcup2022live| U.S. corn export inspection volume to the mainland of China: 0 tons last week, 70685 tons the previous week

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[U.S. corn exports to China returned to zero for the second week in a row] the latest data released by the U.S. Department of Agriculture show thatAsianqualifiersworldcup2022liveBy the end of May, the inspection volume of US corn exports to China (mainland) had once again stagnated, reaching zero for the second week in a row. The figure had fallen significantly a week earlier, from 70685 tonnes to 0 tonnes. Analysts believe that this change may be due to the recent warming of frictions in Sino-US trade relations. Although US corn has a competitive advantage in the global market, the uncertainty of trade policy may have an impact on the decisions of exporters and Chinese importers. It is worth noting that although the inspection volume of exports to China has dropped to zero, the overall export situation of US corn has not been significantly affected. In the same period, the proportion of total corn export inspection in the United States increased from 5% to 5%.Asianqualifiersworldcup2022live.5% down to 0Asianqualifiersworldcup2022live.0%, showing itsAsianqualifiersworldcup2022liveDemand in his country and region is still strong. In addition, market participants pointed out that although Sino-US corn trade may face fluctuations in the short term, in the long run, with global population growth and economic development, the market demand for corn as an important feed and industrial raw material will continue to grow. Therefore, long-term investors can still pay attention to the development opportunities of the corn market.