April 21, 2020
China Corn Weekly: Slow yet steady price hikes (week ended Apr 17, 2020)
An eFeedLink Exclusive

Price summary
Prices moved higher.
Market analysis
Corn prices showed no signs of stabilising in China as supplies continued to tighten. Nonetheless, prices hikes were gradual as weak poultry feed demand dampened the confidence of feed producers.
Market forecast
Corn supplies are set to stay tight with the state corn reserves falling to 56 million tonnes and market availability scarce. This will continue to push up prices even as buyers prudently limit stockpiles.
Full version of the report is available at https://spoutinfo.com/subscribed-product

All rights reserved. No part of the report may be reproduced without permission from eFeedLink.