Argentina exports soybean oil to China again

After three years, our country resumes shipments of soybean oil to the Asian giant. Import the realization of the state company Sinograin of China.

"This is a great achievement for the Argentinean agribusiness and is the product of the strengthening of bilateral relations with China."

We are recovering a market in constant growth that allows us to earn our value added exports, "said the Minister of Agribusiness, Luis Miguel Etchevehere.

Exports began with the cargo of the ship Stenaweco Elegance, which is currently carrying 29,000 tons, by the company COFCO, in the port of the town of Timbues, near the city of Rosario.

This ship is followed by others who are carrying it in the port of San Benito and in General San Martín, both in the Rosario area.

The total in this first stage will be approximately 90,000 tons with the possibility of a quarter being made as soon as possible.

It must be remembered that China had suspended imports of Argentine soybean oil since October 2015, making its purchases in other markets such as Brazil and the United States, in a context of decreasing its imports due to the process of replacing them by the local Chinese milling.

Agroindustry

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