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Du Pont (DD) Financial News - China May Set Price Controls on Overseas Seeds, Grain News Says

Du Pont (DD)

China May Set Price Controls on Overseas Seeds, Grain News Says

Quote: China may impose price caps on seeds produced by foreign-owned companies to reduce their influence in the domestic market, Grain News reported, citing an unidentified person close to the government. A joint investigation by several ministries found overseas companies are expanding into the grain seed market after dominating the flower and vegetable seed industries, the Zhengzhou-based newspaper said. The team of government investigators is drafting the final report of the probe, Grain News said. rdobson4@bloomberg.net ...
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