China has accelerated sorghum imports from Argentina, according to sources and shipping data, as buyers diversify their sources of grain imports amid trade disputes with major suppliers Australia and the United States.
Reuters reports importers booked at least two cargoes of sorghum from the South American nation that are expected to arrive at Chinese ports starting in July, according to two sources briefed on the deals.
“It could be just spot business, but it is a trend worth watching out for, as Chinese importers look for alternative origins for grains,” one of the sources told Reuters.
