Thursday, January 7, 2010

Breaking News-RTRS-China introduces licence for soy imports, Dalian up

BEIJING, Jan 6 (Reuters) - China has introduced an automatic import licence system for soybeans, requiring importers to apply for licences from China's Commerce Ministry, a move that soy traders said could cause a minor disruption of trade.

The Commerce Ministry issued a statement last month, adding soybean and rapeseed from Jan. 1 to a list of farm products requiring such licences that already includes soyoil and chicken.