U.S. ethanol co-product faces high duties under Chinese decision

In a preliminary ruling, China’s Ministry of Commerce said it will put a duty of 33.8 percent on shipments of distillers dried grains from the United States, a step that could affect ethanol makers and rebound against U.S. soybean meal usage, said Agrimoney. Some in the commodity trade speculated China was playing tit-for-tat with a U.S.… » Read More

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