February 16, 2005

Fall in China's corn prices narrowed in January; near-term prices to remain weak

An eFeedLink Special Report      
 

Below is an abstract of China's corn market for January 2005.

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The falling corn prices in China slowed significantly in January, although farmers were increasingly keen to sell their corn supplies in a bid to get more cash. Tight rail transport availability and traders under financial constraints, however, meant that buying interests were low.

More contents in the report include:

      1.   Farmers increasingly keen in sales

      2.   Corn prices in north-east production regions up marginally

      3.   Mounting pressure on corn sales in north-east China

      4.   Corn export forecast to increase in 2005