CHICAGO: Most of agricultural trader Archer Daniels Midland Co´s sorghum shipments to China had been diverted and resold to other markets when Beijing dropped an anti-dumping probe into U.S. imports of the grain on Friday, a company spokeswoman said.
China ended its investigation into imports of U.S. sorghum after imposing hefty anti-dumping deposits on shipments of the grain last month.
The deposit scheme brought trade to a halt and disrupted supply chains worldwide, with almost two dozen ships carrying U.S. sorghum stranded at sea, as merchants and buyers scrambled to sell cargoes at big discounts elsewhere.
This initiative enables them to earn a dignified livelihood for their families
The event will host more than 700 booths, including leading global and Pakistani tech giants
Gold rates increased by $8 to all-time high rates of $2,371 per ounce in the international market
Strong retail sales prompted economists at Goldman Sachs to boost their gross domestic product
The IMF dictates its terms based on our past performance
Goldman's profit rose 28 percent to $4.13 billion, or $11.58 per share, in the first quarter
