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China will allow imports of Brazilian distillers grains, an ethanol by-product, during Brazilian President Lula's visit amid the US-China trade dispute. Brazil's industry group said ten new ethanol plants are under construction and Brazilian DDG exports were $190.65 million last year.
Access to the Chinese market gives Brazilian DDG a new outlet, which could add export supply and pressure DDGS prices in competing markets. It also reduces China's reliance on US feed ingredients.
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