BEIJING/BUENOS AIRES, June 10 (Reuters) – China has accelerated sorghum imports from Argentina, according to sources and shipping data, as buyers diversify their sources of grain imports amid trade disputes with major suppliers Australia and the United States.
Importers booked at least two cargoes of sorghum from the South American nation that are expected to arrive at Chinese ports starting in July, according to two sources briefed on the deals.
The purchases, totalling at least 80,000 tonnes, would raise shipments from Argentina to more than 110,000 tonnes, near to exports for all of 2019.
Shipping data on Refinitiv Eikon shows the Euripides Graecia carrying 40,000 tonnes of sorghum is booked to arrive in China on July 1 after loading at the Argentinian port of Rosario.
To view the original article, click here.