Amid trade war with US, China may soon open its market for Indian oilmeals

Prior to a ban in 2012, China used to import nearly half a million tonnes of oilmeals from India

China is set to lift the nearly six-year-old ban on import of oilmeals from India to bridge its deficit following reduced supply from the United States due to the ongoing trade war between the two leading world economies.  

Industry sources said that Chinese companies are interested in import of rapeseed meal from India through nearly half a dozen approved Indian exporters, including Adani Wilmar and Ambuja Exports. They added that China's inter-ministerial department, the General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ), has already taken a final decision in this regard. The official notification, however, is yet to