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U.S. Customs and Border Protection found that Ceka Nutrition evaded antidumping duties on Chinese glycine by trans-shipping it through Cambodia. The determination followed an anti-circumvention investigation that began in August 2017 and concluded in July 2018.
Enforcement against duty evasion is a minor factor for feed amino acid pricing, since glycine is a niche input and the ruling affects one importer.
freightwaves.comBrian BradleyJul 10, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
