January 7, 2008

China plans to sell 500,000 tonnes corn from state reserves
 

China plans to sell 500,000  tonnes of corn from state reserves Tuesday to stabilize market prices, the National Grain & Oil Trade Center said on Friday (January 4, 2008).

This is the fifth batch of corn China plans to sell after selling a total of 460,147 tonnes in the first four batches, or 23 percent of the 2 million tonnes it plans to sell.