BEIJING (Dow Jones)--Corn prices in China's major producing areas were slightly lower in the week to Wednesday as farmers started to sell their crops after the spring planting. Corn prices in Nong'an in the major producing province of Jilin were around CNY1,500 a metric ton, down CNY40/ton from a week earlier. The prices in another big producing province, Heilongjiang, were between CNY1,400-CNY1,500/ton, compared with CNY1,440-CNY1,530 a week ago. Farmers found time for sales as spring planting has almost been completed, but consumers stayed on the sidelines, waiting for the government's sales policies, analysts said. The government bought around one-fourth of the corn China harvested last year, and the market has been expecting it to release the crop to the market ahead of the new October harvest. "Trading lacks guidance since the government's corn purchases were completed, and both buyers and sellers are waiting for clearer signs of the government's policies," China Corn Network said in an article. Meanwhile, weak demand from the feedmeal sector and industrial processing plants is unlikely to be recover in the near term, so corn prices are likely to be stable ahead of the government's likely sales, analysts said. -Zheng Xiaolu contributed to this story, Dow Jones Newswires; 8610 6588-5848; tracy.zheng@dowjones.com
Регион | Закуп. | Изм. | Прод. | Изм. |
---|---|---|---|---|
ЦФО |
29800.00 | + 650 | 30000.00 | + 840 |
ПФО |
28940.00 | + 990 | 29000.00 | + 950 |
СКФО |
29450.00 | + 750 | 30000.00 | + 1050 |
ЮФО |
29250.00 | + 1100 | 29700.00 | + 750 |
СФО |
29300.00 | + 900 | 29500.00 | + 1200 |
Регион | Закуп. | Изм. | Прод. | Изм. |
---|---|---|---|---|
ЦФО |
72000.00 | + 1000 | 73300.00 | + 50 |
ЮФО |
69800.00 | + 0 | 74000.00 | + 0 |
ПФО |
71500.00 | + 500 | 73100.00 | + 100 |
СФО |
72500.00 | + 500 | 74900.00 | - 100 |
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