02.
09.16
16:42

China: Reduction of in State inventories is progressing well

China has sold 595,000 tonnes from its intervention stock corn last night. There were 1,812 million tons in the offer. Since the decision to dismantle the State supplies, China has now sold 16.3 million tons of maize in the local market.
Also, 119,000 tons of soy beans out of a total quantity of 603.000 tonnes were sold at another auction. The total quantity sold comes now to 1.26 million tons.

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