With sparse details available on China's impending import restrictions - and a rumored quota system - set to take effect on July 1, delegates at ISRI’s national conference, held April 8-11 in Los Angeles, said they remain stuck in an unstable equilibrium.
“Over the next few months there’s a lot of uncertainty over what is going to happen in China. We just need to get through June. No one really knows how licenses are going to be shuffled around. There is just a lot of uncertainty,” one delegate said.
An import quota system is expected to be put into effect in July, similar to restrictions put in place over the past year to curb the inflow...
