As the license expires, Australia is worried about changes in hay exports to China

Published 2021년 4월 20일

Tridge summary

The article highlights a potential threat to Australia's hay export trade worth 160 million Australian dollars to China, with concerns over the non-renewal of export licenses by China. The expiration of these licenses has already slowed down the hay trade between the two countries, leading to anxiety within the Australian hay industry. Despite the situation being viewed as an administrative issue, there are fears of a complete trade freeze, which could result in significant losses for Australian farmers and suppliers. Australian exporters are currently facing challenges as only a few companies still have valid licenses to export to China, and there is speculation that the new COVID-19 pandemic restrictions in China's hay industry might be contributing to the license renewal delays.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

[Global Net Report] Australian media are worried about the hay trade with China again? Australia's 9th news website quoted sources on the 20th that Australia’s annual export of hay (oat grass) worth 160 million Australian dollars to China is facing a “threat”. However, the Australian media stated in this report that “the export license has not been renewed by the Chinese side. "The reason is also vague. Australia's 9th news website: With the expiration of the license, Australia's 160 million Australian dollars hay export (trade) to China is facing a "threat." "Australian hay planting may be the next major industry to be frozen by China." At the beginning of the report, it was stated that the Australian hay trade with China has almost stagnated this year due to the expiration of the permits of several Australian companies to export hay to China two months ago (February this year) and has not been renewed by Beijing. An insider in the hay planting industry said that in the face of ...

Source: Sohu