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Chinese “Dumping” Duties Alter Grain Markets

China is now importing relatively large quantities of barley

The grain industry is reacting to the “temporary” Chinese preliminary antidumping duty of 178.6% on sorghum shipped from the United States, announced April 17, 2018, reports the U.S. Trade Monitor.

Reuters reported that Chinese importers of sorghum, a grain used to create ethanol and feed livestock, have asked the government in Beijing to waive the duties. After the duties were announced, nearly two dozen ships carrying American sorghum changed course.

China is now importing relatively large quantities of barley as livestock feed and the Chinese importers who did receive sorghum shipments are selling that grain at an extreme discount in an effort to avoid the duty deposit.

Read the full article here.

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