COFCO Ships First Argentine Wheat Cargo to China, Opening New Trade Flow
COFCO International is loading the first bulk commercial shipment of Argentine wheat to China, marking the opening of a new trade flow between the two countries.
Loading is underway at COFCO International’s Timbúes port terminal in Argentina. The MV Shandong Fu Yi will depart via the Paraná River, top up at Quequén port in Buenos Aires Province, and then sail to China with approximately 65,000 metric tonnes of wheat for the milling industry.
Several government authorities attended the vessel loading at Timbúes, including Wei Wang, Ambassador of the People’s Republic of China to the Argentine Republic, Maximiliano Pullaro, Governor of Santa Fe Province, Gustavo Puccini, Minister of Productive Development of the Santa Fe Province, and Antonio Fiorenza, Mayor of Timbúes. Wei Dong, CEO of COFCO International, Sun Bao, Chairman of COFCO Trading, and Alfonso Romero, Managing Director of COFCO International Argentina, attended the vessel loading as part of a customer delegation from China.
COFCO International is a major agro-industrial and grain exporter in Argentina, operating silos, plants and port terminals to source, process and ship soybeans, corn, wheat and related products for domestic and global markets. The company employs more than 1,400 people in Argentina.
Its Timbúes Complex on the Paraná River, one of the country’s most advanced agri-processing facilities, handles more than 5 million tonnes of grains and oliseeds per year.
