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India’s abrupt move to ban wheat exports after the volume hit a record high in April is expected to slightly push up international wheat prices, but its impact on China’s domestic supply will be limited due to sufficient inventory, Chinese experts said on Sunday. India’s Ministry of Commerce and Industry banned the export of wheat ...
India’s abrupt move to ban wheat exports after the volume hit a record high in April is expected to slightly push up international wheat prices, but its impact on China’s domestic supply will be limited due to sufficient inventory, Chinese experts said on Sunday.
From developing therapeutic vaccines to biotechnology breeding, China has mapped out measures to boost the country’s bioeconomy to reach a scale of $3.28 trillion by the end of the 14th Five-Year Plan (2021-25) period, according to a new development plan.
Indonesia has announced a ban on exports of palm oil, the most widely used vegetable oil, further raising global edible oil prices amid inflation due to the Russia-Ukraine conflict. Industry insiders said on Sunday that as the world's second-largest palm oil importer, China may face short-term supply difficulties if the ban continues.
As China enters the crucial period of spring farming, agricultural authorities are vowing all-out efforts to accelerate seasonal sowing by smoothing out the transport of farming supplies and personnel, while implementing COVID-19 control measures.