Auction Volume and Trading Volume of Corn Both Declined this Week

By CnAgri2018-06-13 14:40:56 Print Planned auction volume of corn was 7.97 million MT this week. The actual trading volume was 3.42 million MT, 0.33 million MT less than that of last week. The trading rate was 43%. From the date of auction to now, the rate of corn warehouse-out in the northeast is around 40%.
 
On June 7th, auction volume in Heilongjiang, Jilin, Liaoning and Inner Mongolia was 3.97 million MT. The actual trading volume was 2.49 million MT and the average price was RMB 1,524/MT, RMB 26/MT higher than that of last week. The trading rate was 63%.  
On June 8th, auction volume in Heilongjiang was 4.00 million MT. The actual trading volume was 0/93 million MT and the trading rate was 23%. The average trading price was RMB 1,413/MT, RMB 9/MT less than that of last week.