Australian canola cargo passes inspection in southern China to ease crushing bottleneck

A cargo of Australian canola has passed inspection in southern China and will be processed this week. The move eases bottlenecks for state-owned importer COFCO.

Insights:
A shipment of canola from Australia AUAUthat arrived in southern China CNCN has passed inspection and is scheduled to be processed at a crushing plant this week. The development removes a near-term operational obstacle to oilseed crushing for the state-owned China Oil and Foodstuffs Corporation (COFCO) Limited following a series of recent large purchases and arrival delays.
A canola field is seen near a new housing estate in outer Melbourne on September 8, 2010. REUTERS/Mick Tsikas/File Photo
A canola field is seen near a new housing estate in outer Melbourne on September 8, 2010. REUTERS/Mick Tsikas/File Photo
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