Brazilian imports of Chinese glyphosate rocket
Brazil imported 50 times more glyphosate herbicide in the first nine months of 2009 compared with the same period last year, investment newswire CDI reports. It cites figures from the Ministry of Development and Foreign Trade. They show that volume imports in the first nine months of 2008 reached 200 tonnes, while this year’s imports had risen to 23,500 tonnes by the end of September. Imports cost just under $2 million in the first nine months of last year, compared with more than $102 million for the same period in 2009, and became the 11th most imported Chinese product, the DCI notes. The Ministry cut import duties on Chinese glyphosate three times from 2008 to early this year from 35.8% to 2.1% ( Agrow No 561, p 13). Importers were struggling to obtain import licences earlier this year ( Agrow No 574, p 23).