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Trading Rate of Corn Auction Improved Slightly, and Average Trading Prices Declined Slightly

China Agriculture Report By CnAgri2018-07-18 16:54:12China Agriculture Report Print Planned auction volume of corn was 8.01 million MT this week. The actual trading volume was 2.17 million MT, 0.27 million MT higher than that of last week. The trading rate was 27%, 3 percentage points higher than those of last week.
 
On June 12, auction volume in Heilongjiang, Jilin, Liaoning and Inner Mongolia was 3.99 million MT. The actual trading volume was 1.23 million MT and the average price was RMB 1,528/MT, RMB 1/MT less than that of last week. The trading rate was 27%.
 
On June 13th, auction volume in Heilongjiang was 4.02 million MT. The actual trading volume was 0.94 million MT and the trading rate was 23.5%. The average trading price was RMB 1,417/MT, RMB 18/MT less than that of last week. 
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