Skip to content
Subscriber Only

China Said to Permit Argentine Soy Oil, Easing Curbs

China will allow the two largest state-owned grains and oilseeds trading companies to import soybean oil from Argentina, easing restrictions imposed in April, said two traders with direct knowledge of the matter.

Beijing-based Cofco Ltd., China’s biggest grain trader, and China Grain Reserves Corp. have been cleared by the commerce ministry to import soybean oil from Argentina, said the traders, who declined to be identified as they are not permitted to speak to the media.