The Trading Rate of Corn Auction was 59%, and Trading Volume was 0.59 Million MT Less than That of Last Week

By CnAgri2018-05-16 14:09:17 Print Planned auction volume of corn was 8 million MT this week. The actual trading volume was 4.68 million MT, 0.59 million MT less than that of last week. The trading rate decreased to 59%.
 
On May 10th, auction volume in Heilongjiang, Jilin, Liaoning and Inner Mongolia was 3.9 million MT. The actual trading volume was 3.19 million MT and the average price was RMB 1,498/MT, RMB 17/MT higher than that of last week. The trading rate was 82%. 
 
On May 11th, auction volume in Heilongjiang was 4.1 million MT. The actual trading volume was 1.49 million MT and the trading rate was 36%. The average trading price was RMB 1,401/MT, RMB 4/MT higher than that of last week.