According to the Central Customs Administration of China in July 2017, the country imported 910,000 tons of corn, compared to 383.09 tons a month earlier and only 28.98 thousand tons in July 2016. Also, this result is the fourth largest monthly indicator in the entire history of observations, reports Reuters.
As specified, the intensification of purchases is due to the release of forecasts for a decline in corn harvest in China in 2017, which also caused a significant increase in domestic prices.
Source: tripoli.land.
