date:Oct 25, 2012
Chinese wheat imports look set to trounce market expectations for 2012-13, putting extra upward pressure on world prices, Rabobank cautioned, after data showing a near-tripling in buy-ins.
China imported 524,156 tonnes of wheat last month, a rise of 196% on September last year, customs officials said.
The figure took above 1.0m tonnes the country's purchases for the first three months of 2012-13.
And, with a further 295,000 tonnes already known ordered from Canada this month, means China's im