Grain Analysis Market in China is highly driven by foodborne illnesses, stringent quality for food & feed regulation and open market economy for grain trade. Grain analysis procedure is conducted to scrutinize the grain quality during storage, distribution and procurement.
The grain trade of US market with China is undergoing positive phase of discussion since President Trump’s tweet on Friday revealed that the trade talks are going well. Some investors are concerned for the arrest of Chief Financial officer of Huawei Technologies. Canadian officials took her into custody since she was trying to equivocate U.S. sanctions in Iran. She is been on trial in the United States since the last weekend.
In this week, a Chinese diplomat stated that the Beijing would immediately apply the terms of tariff ceasefire in U.S. and has a full confidence for the trade agreement to reach within 90days. The commerce ministry confirmed the talks emphasize the trade on farm goods, cars and energy. President trump confirmed the statement in the beginning of this week about China’s inception for buying American goods, also the immediate implementation to carry out by the dual sides for goods and products. President Trump also confirmed about the postponing of U.S. tariff hikes for 90 days until both the sides agree for a truce.
US cotton market was comparatively moderate on Monday since the commodity market here witnesses Dow Jones fell by 500 points whereas the U.S. dollar crossed an upper bar. With the arrest of Chinese technology officer has raised anxieties between the two countries. Following the same instance, Apple could not sell iPhones in China.
The cotton market will await an opportunity to go live with its fundamentals and USDA will exhibit the December crop report. There are report of decline for year 2018 in the domestic and international markets.