date:Oct 26, 2015
l and corn sweeteners, the sources said.
China is expected to harvest 6-percent more corn for 2015/16 at a record 228 million tonnes, according to forecasts by the China National Grain and Oils Information Center (CNGOIC).
The purchase volume (for state stockpiles) would be at least 40 million tonnes. Most farmers still prefer selling corn to state granaries due to the better government price, said Feng Lichen, chief analyst with industry portal www.yumi.com.cn.
The government has been paying