As the Australian coal industry waits for a possible resumption in Chinese imports, barley, wine and lobster producers are watching closely.
Wine, lobster and barley producers say sentiment is shifting and Chinese traders are staying in touch amid warming diplomatic relations and expectations Beijing may soon lift an import ban on Australian coal.resumption of coal exportsBarley growers are hoping Chinese trade restrictions will ease, following reports of a possible resumption of the Aussie coal trade.“That would be a good outcome for our businesses, for our employers, our industries, our exporters and our workers,” Dr Chalmers said.
Trade sanctions imposed on certain exports two years ago blocked billions of dollars of commodities and hit industries like coal, beef, wine, lobsters and timber. There is hope they will be eased as relations improve. “It’s about having relationships in place so business can happen,” he said. “There’s plenty of scope, this was one of the largest crops we’ve ever had.”
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