China makes large purchases of Ukrainian corn - traders
Chinese importers are believed to have made large purchases of animal feed corn from Ukraine in the past two weeks, traders in Asia and Europe said on Thursday.
The traders were unable to say the precise volumes but several said they amounted to several hundred thousand metric tons. A Ukrainian government source also confirmed corn sales to China.
"Importers in China have bought around 10 to 12 Panamax cargoes of Ukrainian corn for November/December shipment," said a Singapore-based trader at an international grains trading company referring to a size of ship with a capacity that typically exceeds 60,000 tons of grain.
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