Auction results see strong purchases of imported corn

The national auctions of minimum-price reserve rice saw 602k tons listed on Tuesday, with 10.9k tons, or 1.8%, being purchased by the market with an average price of 2621 yuan per ton.

Auctions of imported corn saw strong results, with 188k tons listed and 177k tons, or 94%, being purchased by the market. I haven’t seen an average price yet, but premiums were stronger compared to last week....

 

Subscriber content: Sitonia Consulting provides market intelligence on Chinese agricultural markets. For a free trial, please visit here or email info@sitoniaconsulting.com

 

Please login to view this page.