Market Chatter: China Intensifies Probe on Companies Using Fuel Tankers to Deliver Edible Oils

MT Newswires Live07-11

Market Chatter: China Intensifies Probe on Companies Using Fuel Tankers to Deliver Edible Oils The Chinese government will deepen its probe into food firms following a media report claiming some ...

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The COFCO affiliate allegedly used the same tanker for transporting kerosene and edible oils, leading to contamination, the report said.Some other companies do not clean the tanks in between deliveries to cut costs, the report said, citing the media exposÃ©.Yihai Kerry and other companies mentioned in the report said they strictly comply to safety regulations, while two others launched \"large-scale internal probes,\" Yicai reported.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. 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