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imageBEIJING: China is expected to import 5 million tonnes of corn in 2013, an official think-tank said on Tuesday.

China has been aggressively purchasing low-cost corn from the United States, where a bumper harvest has pushed prices down to a three-year low.

About 100,000 tonnes of US corn is set to arrive at Chinese ports in October, followed by 800,000 tonnes in November, said the China National Grain and Oils Information Center.

Corn imports for the 2012/13 marketing year were 3 million tonnes.

Copyright Reuters, 2013


 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 18, 2014
Reserves $13.525 bln