Auction Volume, Trading Volume and Trading Price of Corn All Ascended this Week

By CnAgri2018-05-30 09:45:45 Print Planned auction volume of corn was 7.97 million MT this week. The actual trading volume was 4.22 million MT, 1.19 million MT more than that of last week. The trading rate decreased to 53%, 3 percentage points higher than that of last week. From the date of auction to now, the rate of corn warehouse-out in the northeast ranges at 30-35%.
 
On May 24th, auction volume in Heilongjiang, Jilin, Liaoning and Inner Mongolia was 3.98 million MT. The actual trading volume was 2.98 million MT and the average price was RMB 1,498/MT, RMB 10/MT higher than that of last week. The trading rate was 75%.  
 
On May 25th, auction volume in Heilongjiang was 3.99 million MT. The actual trading volume was 1.24 million MT and the trading rate was 31%. The average trading price was RMB 1,419/MT, RMB 4/MT higher than that of last week.