Kazakhstan entrepreneurs ask to solve the problem with the supply of rapeseed oil to China

Published 2022년 6월 27일

Tridge summary

Rapeseed oil refiners are experiencing difficulties in transporting their products to China due to logistical issues with Kazakhstan Temir Zholy (KTZ). The company is not coordinating delivery plans with oil producers, resulting in supply problems and losses. The Ministry of Trade and Integration has recommended direct contact with KTZ to resolve the issue. Concerns were also raised about the detection of GMOs in rapeseed oil supplied to China, a crop that is not grown with GMOs in Kazakhstan. The Ministry mentioned that the issue of market access is under consideration and is related to China's proposal for a free trade zone, which Kazakhstan is currently hesitant to accept due to concerns over product imports and restrictions.

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

Original content

Rapeseed oil refiners have said they cannot transport their products to China without hindrance. This became known at the international conference FOC: Fats and Oils Conference, reports the correspondent of the business information center Kapital.kz. Director of EFKO Almaty LLP Aden Yeshenkeldiyev said that the company is having problems with the supply of rapeseed oil to China. “And it's not about the lack of wagons. There are no traffic jams at the Dostyk - Alashankou station and there is not a single abandoned train. But the company "Kazakhstan Temir Zholy" (KTZ) does not coordinate the delivery plan with us. Just yesterday I spoke via videoconference with the head of the Alashankou station, which is located on the border with China. He said that the station is ready to receive rapeseed oil, the terminal is empty. But we can't supply our product. We have customers who have paid in advance, so our company is suffering losses due to supply problems. We now have more than 7 ...

Source: Oilworld