Nate's Food Company (NHMD): Why would China need an OTC pink scam t...

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Re: Strukture post# 84282

Thursday, 09/28/2023 7:26:56 PM

Thursday, September 28, 2023 7:26:56 PM

Why would China need an OTC pink scam to facilitate sugar imports from Brazil when they already have contrasts for 900,000 tonnes of raw sugar.

It is estimated that at least 15 Panamax-size vessels, each with capacity for 60,000 tonnes or more, will be needed to take all the sugar the Chinese company is delivering.

COFCO has a large sugar operation in Brazil, with four mills, and also buys sugar from other producers in the country for its trading operations. The company also operates the 12A port terminal in Santos.

https://www.reuters.com/article/sugar-delivery/update-1-chinese-trader-cofco-delivers-900000-tns-of-sugar-to-ice-exchange-idUKL1N36V2PX

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