Anti-subsidy and Anti-Dumping Investigations on Sorghum Imports from America Would Aggravate the Situation of a Tight Su
By CnAgri2018-02-07 15:50:54 Print On February 4, 2018, the Commerce Department decided to conduct anti-subsidy and anti-dumping investigations on sorghum imports from America. the period of industrial injury investigation is from January 1, 2013 to October 31, 2017.America is China’s biggest original country of sorghum imports, and more 90% is imported from America. Early evidence shows that American government provides the subsidies for sorghum. Since 2013, America has greatly increased the exports to China, pushing up China’s sorghum imports. 2015 sorghum imports recorded 10.7 million MT. Though the imports in 2016 and 2017 reduced, but still maintained at a high level of 5-6 million MT.
During the year that China conducts anti-dumping and anti-subsidy investigations on sorghum imports from America, domestic traders and companies would be more cautious about purchasing imports, and sorghum imports also would drop. However, a drop in corn substitute imports would further aggravate the situation of a tight supply of corn, which would push up domestic corn market prices.
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