Comprehensive price indexes of domestic raw grain increased slightly
By CnAgri2012-07-24 15:48:13
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Comprehensive price indexes of domestic raw grain increased slightly and that of processed grain decreased slightly, and their price differential was narrowed. Grain processing profit level was generally downward.
International grain spot price rose slightly supported by futures market. BOABC considers that global grain supply was still sufficient and actual demand was not supportive to spot price increase. Grain futures price pull spot price obviously.
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