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    Home > Food News > Food Articles > China Grain will auction 18,000 tons of Ukrainian imported corn on Friday for the third time this month

    China Grain will auction 18,000 tons of Ukrainian imported corn on Friday for the third time this month

    • Last Update: 2021-07-28
    • Source: Internet
    • Author: User
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    According to Reuters, China's national grain reserve agency- China National Grain Storage and Transportation Co.
    , Ltd.
    announced on Tuesday that it will sell 18,207 tons of non-GMO imported corn from Ukraine on June 25 (Friday)
    .
     
    The historical record of China Grain Reserves website shows that the auction sale of imported corn this Friday will be the third such auction this month
    .
    The notice stated that the transaction time will start at 10:00 am on June 25th.
    Before participating in the transaction, members must pay a transaction deposit and a performance bond in advance, amounting to RMB 270/ton
    .

     
    China is the second largest corn consumer in the world, importing a record 11.
    3 million tons of corn in 2020
    .
     
    The Ministry of Agriculture and Rural Affairs of China predicted in April that it would import 22 million tons of corn in the 2020/21 marketing year, more than twice the previous forecast
    .

    China's grain storage and transportation of non-GMO imported corn
     
    The historical record of China Grain Reserves website shows that the auction sale of imported corn this Friday will be the third such auction this month
    .
    The notice stated that the transaction time will start at 10:00 am on June 25th.
    Before participating in the transaction, members must pay a transaction deposit and a performance bond in advance, amounting to RMB 270/ton
    .

     
      China is the second largest corn consumer in the world, importing a record 11.
    3 million tons of corn in 2020
    .
     
      The Ministry of Agriculture and Rural Affairs of China predicted in April that it would import 22 million tons of corn in the 2020/21 marketing year, more than twice the previous forecast
    .
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