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Middle East Tensions Surge: Syria’s Collapse and Saudi Arabia’s Anti-Dumping Tariffs on China

Posted on 2024-12-122024-12-12 by nkmarketresearch

There are two big things happening in the Middle East that have got the whole international community on edge. The regime in Syria suddenly collapsed, and then Saudi Arabia immediately announced a 34% anti-dumping duty on imports from China.

Recently, the General Authority for Foreign Trade of Saudi Arabia announced that it would impose anti-dumping duties on imported sulfonated naphthalene formaldehyde (SNF), which is a concrete improver, from China and Russia.

Majed Al-Qasabi, the Saudi Minister of Commerce and the chairman of the General Authority for Foreign Trade (GAFT), announced this decision and it was published in the official gazette.

Saudi Arabia has said that starting from December 3, 2024, it’ll charge an anti-dumping duty ranging from 18.12% to 34% on the imports of sulfated naphthalene formaldehyde (SNF), which is a concrete improver, and that comes from or is exported from China and Russia. The Saudi tax numbers for the product are 382440 and 290410, and this will be valid for five years.

Attached table: Saudi Arabia on sulfonated naphthalene formaldehyde concrete modifier anti-dumping final ruling tariff table

Saudi Arabia stated that the decision was issued based on the International Trade Remedy Law to protect domestic industries from the damage caused by unfair trade practices.

As these low-priced goods have brought huge pressure to local Saudi producers, especially in the context of the rapid development of the construction industry, the Saudi government believes that if no intervention is taken, the survival space of domestic enterprises will be further compressed.

The imposition of anti-dumping duties aims to raise the price of imported goods, thus giving local producers a greater share of the market and more favorable profit margins.

The market size of sulfonated naphthalene formaldehyde is gradually expanding, especially in the Middle East, as the construction industry in Saudi Arabia, the United Arab Emirates and other countries continues to develop, the demand for sulfonated naphthalene formaldehyde also shows a strong growth trend.

Saudi Arabia has always been an important partner of China in the Middle East. From energy import to infrastructure construction, the relationship between China and Saudi Arabia has been regarded as a model, and China’s infrastructure investment in Saudi Arabia will ultimately benefit the Saudi people. Saudi Arabia is also hurting itself by imposing tariffs.

Of course, this does not mean that the relationship between China and Saudi Arabia has broken down. To counter Israel, Saudi Arabia still needs to import some sophisticated weapons from China that the United States bans. This is the foundation of cooperation between the two sides, but also the reality that cannot be changed.

But the Saudi move has also raised alarm bells in China. In exchanges between countries, national interests should ultimately come first.

QUICK NEWS: WORLD EVENT, ECONOMY, E-COMMERCE, LOGISTICS AND NEW TREND

Posted on 2024-12-112024-12-11 by nkmarketresearch

ISRAEL STRIKES SYRIA, ASSAD LEAVES

On September 9, Syria’s Latakia, Damascus, Homs, Qamishli and other places were hit by Israeli air strikes. Israel is reported to have hit a number of major air bases in Syria, destroying a large amount of infrastructure, dozens of helicopters and fighter jets. Earlier, Syrian opposition fighters had taken control of the capital Damascus and “overthrew the Assad regime.” Russia’s Foreign Ministry says President Bashar al-Assad has resigned as president and left Syria.

THE OFFSHORE YUAN ROSE AGAINST THE DOLLAR, EURO AND YEN YESTERDAY

Yesterday, the offshore RMB exchange rate against the US dollar appreciated slightly. As of press time, the offshore RMB exchange rate against the US dollar was 7.2605, up 55 basis points from the previous closing price of 7.2660.

Yesterday, the exchange rate of offshore RMB against the euro appreciated sharply. As of press time, the exchange rate of offshore RMB against the euro was 7.6414, up 236 basis points from the closing price of 7.6650 on the previous trading day.

The offshore yuan appreciated sharply against 100 yen yesterday. At the time of writing, the offshore yuan traded at 4.7800 yen, up 200 basis points from the previous close of 4.8000.

THE ONSHORE RENMINBI ROSE AGAINST THE DOLLAR, EURO AND YEN YESTERDAY

The onshore yuan appreciated slightly against the US dollar yesterday, trading at 7.2545 against the US dollar, up 17 basis points from the previous closing price of 7.2562.

The onshore RMB/euro exchange rate appreciated sharply yesterday. At the time of writing, the onshore RMB/euro exchange rate was 7.6326, up 262 basis points from the previous closing price of 7.6588.

The onshore yuan appreciated sharply against ¥100 yesterday, trading at 4.7800 at the time of writing, up 200 basis points from 4.8000 on the previous session.

THE CENTRAL PARITY RATE OF RMB DEPRECIATED AGAINST THE US DOLLAR AND EURO, AND APPRECIATED AGAINST THE JAPANESE YEN YESTERDAY

The RMB depreciated slightly against the US dollar yesterday, with the central parity rate of the RMB against the US dollar at 7.1896, down 26 basis points from 7.1870 on the previous trading day.

The RMB depreciated slightly against the euro yesterday, with the central parity rate of the RMB against the euro at 7.6216, down 18 basis points from 7.6198 in the previous trading day.

The yuan appreciated sharply against the yen yesterday, with the central parity rate of the yuan against the yen at 4.8090, 381 basis points higher than the previous trading day’s 4.8090.

BRAZIL’S ECONOMY GREW A SOLID 4% YEAR ON YEAR IN THE THIRD QUARTER

Brazil’s gross domestic product grew 0.9% quarter-on-quarter and 4.0% year-on-year in the third quarter of 2024, according to data from the quarterly System of National Accounts released by the Brazilian Institute of Geographic Statistics (IBGE). According to statistics, the total GDP in the third quarter of 2024 amounted to 3 trillion reais. In terms of sector performance, services and industry grew 0.9 percent and 0.6 percent, respectively, between the second and third quarters, becoming the main drivers of economic growth.

JAPAN ENACTED A 21.9 TRILLION YEN ECONOMIC STIMULUS PLAN

The Japanese government held an interim cabinet meeting recently to formulate comprehensive economic measures, including subsidies for low-income households, stimulating investment in semiconductors and artificial intelligence, and restarting subsidies for electricity and gas. The total fiscal expenditure for the comprehensive economic measures is 21.9 trillion yen, of which the general accounting expenditure as a supplementary budget for fiscal year 2024 is about 13.9 trillion yen.

CZECH RETAIL SALES ADVANCED 5.5 PERCENT YEAR-ON-YEAR IN OCTOBER, ACCELERATING

The Czech statistical office recently released data showing that retail sales, excluding cars and motorcycles, rose 5.5 percent year on year in October on a calendar adjusted basis, accelerating from 4.8 percent in the previous month. On a monthly basis, retail sales also increased 0.6 percent. In addition, the data showed significant growth in retail sales via mail order or the Internet, surging 20.4 percent.

ONLINE TRANSACTIONS IN GERMANY HIT A RECORD HIGH IN 2024

Online transactions in Germany are expected to exceed 88.3 billion euros in 2024, surpassing the peak of 86.7 billion euros set in 2021 and marking a new record for the German e-commerce market, according to data released by the German Trade Association (HDE). More impressively, a whopping 99 percent of German adult consumers are already used to shopping online, according to HDE.

ALIEXPRESS SAW A 140% YEAR-OVER-YEAR INCREASE IN TRAFFIC DURING BLACK FRIDAY

According to the latest data from SimilarWeb, AliExpress saw a 140% year-on-year increase in traffic during Black Friday 2024, overtaking Temu, Nike and Apple to become the most popular Black Friday shopping platform in the UK.

MAERSK SIGNS SAF AGREEMENT WITH LUFTHANSA CARGO

In recent days, Lufthansa Cargo and A.P. Moller-maersk has signed an agreement to promote the decarbonization of air cargo through the use of sustainable aviation fuel (SAF). “Currently, uptake and availability of the SAF in the aviation industry remains limited. Our agreement with Lufthansa Cargo enables Maersk to contribute to increased absorption rates.”

Deutsche Bahn Freight said it would cut 5,000 jobs

Deutsche Bahn Freight has announced that it will cut 5,000 jobs by 2029, with 1,000 jobs to be cut first in 2025. Deutsche Bahn hopes to return to profit by 2026 after years of lossmaking freight operations. The company decided in October to implement a restructuring plan that expanded from a previous plan to cut 2,300 jobs from 2025.

NVIDIA HAS BEEN PLACED UNDER INVESTIGATION FOR ALLEGED ANTITRUST VIOLATIONS

Recently, the State Administration for Market Regulation launched an investigation against NVIDIA in accordance with the law for suspected violation of the Anti-Monopoly Law of the People’s Republic of China and the Announcement of the State Administration for Market Regulation on the anti-monopoly Review decision of NVIDIA’s acquisition of the equity of Meloxis Technology with additional restrictive conditions. On the news, the stock closed down 2.55 percent at $138.810, wiping out $88.9 billion in market value overnight.

VOLVO’S GLOBAL SALES ROSE 5% IN NOVEMBER FROM A YEAR EARLIER

Volvo Cars reported global sales of 66,977 vehicles in November, up 5 percent from the same month last year. Most of the growth was driven by Europe and the US. Sales in China are down, but the EV lineup is solid. Sales of electrified models, or fully electric and plug-in hybrid models, were up 40% from a year earlier and accounted for 48% of all car sales in November

THE “Guzi” ECONOMY IS ON TRENDING

Recently, A – share market in the “Guzi economy” related concept stocks suddenly appear. Wind data show that since August this year, the “Guzi economy” index has climbed significantly, with a cumulative increase of more than 30% as of December 4.

The so-called “Guzi” is actually the transliteration of the English “Goods”, which generally refers to the derivative products (peripheral products) of IP copyright works such as anime and games related to the pan-secondary element, such as “Baji” (badge), brand, key chain, etc.

BORN OF THE NEW OVERLORD! CMA CGM SURPASSES MAERSK!

Posted on 2024-12-072024-12-10 by nkmarketresearch

According to the latest Alphaliner research report, CMA CGM, Maersk and COSCO were in the lead on the trans-Pacific route in November, with the three liner companies deploying very close capacity.

Specifically, in November, CMA CGM’s market share on trans-Pacific routes reached 13.2 percent, surpassing Maersk’s 13.1 percent to become the largest liner company on trans-Pacific routes. Cosco Shipping Group ranked third with a 12.9% market share.

In November, the total number of container ships deployed on the Far East-North America trans-Pacific route was 562 with a total capacity of nearly 5.4 million TEU, representing a 4.2% year-on-year increase compared to November 2023.

Based on this, the capacity deployed on trans-Pacific route trade represents 17% of the global fleet. At the same time, due to the Red Sea crisis, which caused containers to sail around the Cape of Good Hope, the Asia-Europe route took up more capacity, accounting for 22 per cent of the global fleet.

Meanwhile, CMA CGM’s capacity on trans-Pacific routes rose 1 per cent, Maersk’s fell 4 per cent and COSCO’s rose 8 per cent.

The fastest growth on the Far East-North America trans-Pacific route was recorded by Wanhai Shipping, which saw a 39.3% increase in capacity compared to November 2023 and a 3.1% market share thanks to the deployment of a series of 13,450TEU newbuilds. It was followed by Zim (Zim) with a 24.1% YoY increase.

At the same time, strong demand, especially at ports in the West, has attracted three new companies – Hopede, SeaLead and T.S. INES – which, despite having only a 1% market share on the trans-Pacific route, have lost ground as Trump’s tariff 2.0 and the ILA-USMX impasse take hold. 2025 is expected to repeat the good outlook of 2024.

Alphaliner points out that in November, MSC, currently the world’s largest liner, lost 20 per cent of its capacity on trans-Pacific routes, putting it in sixth place. However, this is only temporary for now.

With the conclusion of Maersk’s 2M alliance collaboration with MSC in February 2025, MSC will redeploy its Far East-America routes, and MSC’s capacity on transoceanic routes is expected to grow significantly.

Overview of Jingliang Longjiang’s corn deep-processing expansion project

Posted on 2024-12-062024-12-06 by nkmarketresearch

Overview of Jingliang Longjiang’s corn deep-processing expansion project

Nature: reconstruction and expansion
Location: within Jingliang Longjiang’s plant, Qinggang County, Suihua City, Heilongjiang Province
Total investment: USD 6 million (RMB68 million), of which USD 63,291 (RMB450,000) is for environmental protection
Construction contents:
- Lactic acid production workshop: production of L-potassium lactate, L-sodium lactate, etc., using spare storage tanks and reaction vessels.
- Starch production workshop: Add 4 dehydrators and 1 vacuum stock transfer equipment, and the rest of the equipment uses the reserved capacity to further improve the deep processing capacity of corn, from 1 million t/a to 1.3 million t/a, and improve the starch production capacity of 208,500 t/a.
Labor quota: No new employee. From the existing 326 staffs
Working system: three shifts, 24h per day, 300 days per year
Construction period: 3 months
Product plan

Product	Current capacity, t/a	This project’s capacity, t/a	Capacity of the whole plant after operation, t/a	Note
Lactic acid workshop
Material grade lactic acid	30,000	/	30,000
Food grade lactic acid	10,000	/	10,000	Partly used to potassium lactate, sodium lactate, etc.
Purified lactic acid	10,000	/	10,000
Potassium lactate	/	1,200	1,200	Alternate production according to order.
Sodium lactate	/	2,000	2,000
Mixture of sodium lactate and lactic acid	/	2,000	2,000
Corn starch workshop
Edible corn starch	695,000	208,500	903,500
Corn gluten meal	72,000	21,000	93,000
Sprayed corn bran	80,000	21,000	101,000
Crude protein	30,000	9,000	39,000
Corn oil	25,000	7,500	32,500
Corn germ	63,000	18,000	81,000

You can get more information on China’s corn deep-processing industry by checking out NK Corn Deep-Processing China News or email us at contact@nkmarketresearch.com.

Corn Deep-processing China News November 2024

Posted on 2024-11-292024-11-29 by nkmarketresearch

Welcome to the November 2024 edition of Corn Deep-Processing China News. In this issue, we provide comprehensive coverage of the latest developments in China’s corn deep-processing sector. This includes key project updates, expansions, renovation and technological advancements from major companies such as CJ, Golden Corn, Lihua Starch and COFCO, among others.

The newsletter highlights significant environmental impact assessments and project progress in the industry, showcasing the growing importance of sustainability and innovation in corn deep-processing. Additionally, readers will find valuable insights into production capacities, investment trends, and technological transformations shaping the future of this dynamic market.

COMPANY AND MARKET DYNAMICS

DAQING HESHAN’S FURFURAL PROJECT

HENAN FEITIAN’S CRYSTALLIZED FRUCTOSE EXPANSION PROJECT

TWO PROJECTS IN QINGGANG COUNTY, SUIHUA CITY

A FURFURAL PROJECT IN HANDAN CITY

GOLDEN CORN COMPLETED LYSINE SULPHATE PROJECT

SHANGJIANG BIOLOGICAL’S AMINO ACIDS PROJECT

CJ SHENYANG COMPLETED ARGININE PROJECT

JINHE INDUSTRIAL PROPOSES ALLULOSE PROJECT

BAOTOU EAST HOPE’S TRYPTOPHAN PROJECT

LIHUA STARCH’S BIO-FERMENTED EQUIPMENT UPGRADING PROJECT

UPDATE ON SHANDONG YUMI’S 1.5 MILLION T/A CORN DEEP PROCESSING PROJECT

BRIEF NEWS

COFCO GONGZHULING’S STARCH PLANT RENOVATION PROJECT

HUAKANG PHARMA PLANS TO ACQUIRE YUSWEET

BENGBU XINGHE’S STRAW BIOFIBER PROJECT

SHANDONG JINTIAN’S MALTITOL UPGRADING PROJECT

MEIHUA GROUP INTENDS TO ACQUIRE KYOWA HAKKO

PRICE DATA

EX-WORK PRICES OF KEY CORN PRODUCTS

IMPORT AND EXPORT

EXPORT OF CORN PRODUCTS

CORN IMPORT

Want to know more about the Corn deep-processing China News? Email contact@nkmarketresearch.com for more information.

COFCO Gongzhuling’s Starch Plant Renovation Project

Posted on 2024-11-262024-11-26 by nkmarketresearch

On 19 Nov., the local authority accepted and publicized the environmental impact (EI) report of COFCO Biochemical Energy (Gongzhuling) Co., Ltd. (COFCO Gongzhuling)’s starch plant renovation project.

Project overview

Construction nature: technical renovation
Location: Henan Street, Gongzhuling City, Jilin Province
Total investment: USD5.4 million (RMB38.3429 million), of which USD0.17 million (RMB1.2 million) is for environmental protection
Construction content: The product plan and product quality standards of the starch workshop will remain unchanged before and after the technical renovation.
Labour force: no new additions; relying on current 125 staffs.
Working system: 330 working days per year
Construction period: 5 months.
Technical indicators after technical renovation

Retrofit Process		Fresh steam savings		Electricity savings		Water content %
Retrofit Process		t/ton starch	t/a	kwh/ton starch	kwh/year	Before technical renovation	After technical renovation	Changes
Evaporation process		0.16	65,600	6.56	2,689,600	–	–	–
By-product dehydration process	Fiber	–	–	3.69	1,512,900	58.50%	56.50%	-2%
By-product dehydration process	Germ	0.02	8,200	–	–	55%	54%	-1%
Protein drying process		–	–	1.95	799,500	–	–	–
Total		0.18	73,800	12.2	5,002,000	–	–	–

Currently, COFCO Gongzhuling processes 600,000 t/a of corn to produce the following products: 31,500 t/a of protein powder, 410,000 t/a of starch, 97,200 t/a of spray dried corn bran, 200,000 t/a of HFCS, 50,000 t/a of maltodextrin, 63,000 t/a beer syrup, 38,400 t/a of corn crude oil, 94,400 t/a of corn germ meal, 8,000 t/a of hydroxypropyl distarch phosphate and 2,000 t/a of acetylated distarch adipate.

You can get more information on China’s corn deep-processing industry by checking out NK Corn Deep-Processing China News or email us at contact@nkmarketresearch.com.

Jinhe Industrial Proposes Allulose Project

Posted on 2024-11-252024-11-25 by nkmarketresearch

On 7 Nov., the environmental impact (EI) report of Anhui Jinhe Industrial Co., Ltd. (Jinhe Industrial)’s “10,000 t/a of health industry project” was publicized again.

On 1 July, the EI report (draft) was made public for the first time.

Project overview

Construction nature: expansion
Location: Jinhe Industrial’s plant, Lai’an County, Chuzhou City, Anhui Province
Total investment: USD19.2 million (RMB136.75 million)
Production process:
- allulose is produced from 10,008 t/a of outsourced 77% F HFCS by fructose conversion and simulated moving-bed method.
- sclareol, mogrosides, naringin, and other products are produced from glucose and inorganic salts by microbial fermentation, concentration, and drying.
Labor quota: 70 employees
Working system: 300 working days per year
Completion anticipated: H1 2025
Product plan of this project

Production line	Product	Capacity, t/a	Annual operating hours
Production line of allulose (continuous production)	Allulose 90%	9,800	7,200
No. 1 Fermentation line (batch production)	Nootkatone 98%	5	540
	Sandalwood oil 98%	5	350
	Mogrosides 20%	5	400
	Sclareol 95%	5	525
	Bisabolol 95%	50	2570
	Valencene 80%	5	540
	Trans-farnesol 98.5%	10	1340
No. 2 Fermentation line (batch production)	Naringin 9%	15	1100
No. 2 Fermentation line (batch production)	Neohesperidin 95%	100	5,500

Check out NK Sweetener China News or email us at contact@nkmarketresearch.com for more.

NK Market Research attended Natural Extracts & Health Ingredients Exhibition (FIC-Health 2024 Guangzhou China)

Posted on 2024-11-222024-11-26 by nkmarketresearch

NK Market Research attends Natural Extracts & Health Ingredients Exhibition (FIC-Health 2024) & the 23th National Food Additives and Ingredients Exhibition to connect with the Chineses manufacturers.

1. FIC-Health2024 Information

Time: November 21-23, 2024

Address: Hall 9.1, Hall 10.1, Hall 11.1, China Import and Export Fair Complex Area B

(Canton Fair Complex Area B) No.382 Yuejiangzhong Road, Guangzhou

2. Exhibits

A. Food Additives: Acidity regulator, Anti-caking agent, deforming agent, Antioxidant, Bleaching agent, Bulking agent, Chewing gum base, Coating agent, Color, Color fixative, Compound food additives, Emulsifier, Enzyme, Edible flavor and fragrance, Flavor enhancer, Flour treatment agent, Humectant, Nutrition enhancer, Preservative, Stabilizer and coagulator, Sweetener, Thickener, , Fragrances, Flavors, food additive compound and 23 main categories.

B. Food Ingredients: Starch, Modified starch, Starch sugar, Sugar alcohols, Oligos, Grease for food industry, Flour for special purpose, Yeast product, Vegetable protein, Dehydrated/frozen dried fruit and meat, Frozen/chilled food, Fillings, Condiment, Spice, Diary product, Animal and plant extract, Beverage concentrate, Curing agent, Soy product, Protein polypeptide, Dried fruits and nuts, Instant tea, Functional food additives, Cocoa product, Edible fiber, Egg product, Honey product, Bean, Roasted seed and nut，Probiotics, snack food, and 35 other main categories.

C. Food Processing Aids: Releasing agent, Anti-sticking agent, Anti-foaming agent, Dispersant, Clarifying agent, Flocculating agent, Chelating agent, Filter aid, Decoloring agent, Adsorbent, Nutrient substance for fermentation, Catalytic agent, Crystallizing agent, Solvent.

D. Food Processing Aids Equipment, Machinery and Technologies, Food packing material and related books.

E.Health Food, geriatric food, Moslem food, Kosher food

F. Producing and application technologies in Food Ingredients and Additives, health food.

G.Bakery products: Mooncake and mooncake production, pastry and pastry production, confectionery and confectionery production, cake decorations, ice cream

Cream and ice cream production, snacks and snacks production, coffee and coffee machine, baking process and research and development technology.

H.Baking raw materials and baking equipment: baking raw materials, baking additives, preservative, baking fillings, cake decorations, Baking production equipment, baking tool mold, oven and other baking related equipment, baking related laboratory and testing equipment, exhibition Cabinets, storage and refrigerated cabinets, hotel and catering equipment.

I. Food raw and auxiliary materials for hotel use.

Check out NK Corn deep-processing China Newsletter to keep abreast of the Chinese market.

Iron Ore Shipments Decline Amid Weakening Demand: Insights into Coal and Grain Markets

Posted on 2024-11-202024-11-20 by nkmarketresearch

Iron Ore Shipments Decline as Demand Weakens

As of November 8, 2024, the Baltic Dry Index (BDI) rose to 1,495 points, marking an 85-point increase (up 6.03%) since October 26. The Capesize Index (BCI) surged by 460 points, or 24.78%, while the Panamax Index (BPI) dropped 25 points, down 2.08%.

Iron Ore Market Trends

Global iron ore shipments for November 4–10 declined by 1.343 million tons to 30.207 million tons. However, foreign ore arrivals increased, with total iron ore arrivals at China’s 47 major ports rising by 1.384 million tons to 24.903 million tons. Despite a slight drop in port inventory, levels remain elevated.

On the demand side, steel mill profitability has been on a downward trend for three consecutive weeks, falling 1.3% to 59.74%. The blast furnace operating rate edged down by 0.15% to 82.29%, while daily iron production decreased by 14,100 tons to 2.3406 million tons. This reflects continued declines in iron production amid weakening demand. As the peak season ends, demand is marginally weakening, further pressured by low steel mill profitability. The current expansion cycle appears to be tapering off.

Overall, iron ore fundamentals are showing marginal weakness, with market sentiment cooling. Trading activity is expected to increasingly align with underlying fundamentals.

Coal Market

Global coal production hit a record high in 2023, driven by increased output in China, India, and Indonesia. Over 30 new coal mines began operations last year, with 25 in China and 4 in India.

China remains the dominant supplier, accounting for approximately 55% of global coal production. India achieved record coal output growth for the second consecutive year, nearing Indonesia’s production levels to become the world’s second-largest coal producer. India also plans to double coal production by 2030.

Despite higher domestic production, China continued to increase its coal imports, while Indonesia and Mongolia expanded their coal exports to meet global demand.

Grain Market

The global grain futures market experienced volatility due to a stronger U.S. dollar, improved weather, and policy shifts.

Wheat futures posted their largest decline since June, pressured by a strong dollar and favorable weather in key growing regions boosting output.
Corn futures remained flat amid demand concerns.
International tender demand lent some support to prices, but the dollar’s strength continued to erode the global competitiveness of U.S. agricultural commodities.

These dynamics reflect a challenging environment for grain markets, as currency and weather factors heavily influence global pricing.

Main source: Shipbid.net

Custom Announcement on Phytosanitary Requirements for Imported Vietnamese Fresh Coconuts

Posted on 2024-11-192024-11-19 by nkmarketresearch

Source: China Custom

According to the relevant laws and regulations of China and the General Administration of Customs of the People’s Republic of China and the Ministry of Agriculture and Rural Development of the Socialist Republic of Vietnam on the phytosanitary requirements for the export of fresh coconuts from Vietnam to China, with immediate effect, the import of fresh coconuts from Vietnam in line with the following relevant requirements is allowed.
I. Inspection and quarantine basis
(A) “Law of the People’s Republic of China on Biosecurity”;
(B) “People’s Republic of China Entry and Exit Animal and Plant Quarantine Law” and its implementing regulations;
(C) “Food Safety Law of the People’s Republic of China” and its implementing regulations;
(D) “imported fruit inspection and quarantine supervision and management measures”;
(E) “General Administration of Customs of the People’s Republic of China and the Socialist Republic of Vietnam Ministry of Agriculture and Rural Development on Vietnam’s fresh coconut phytosanitary requirements for China.
Second, the name of goods allowed to enter the country
Fresh coconut (including green coconut and peeled coconut with fruit stalk ≤ 5cm, hereinafter referred to as coconut), scientific name Cocos nucifera, English name Coconut.
III. Permitted places of origin
Coconut producing areas in Vietnam.

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