China designates COFCO as the sole agent to export corn to Taiwan

Introduction: Dow Jones Shanghai December 2 news Dow Jones Shanghai December 2 news: according to an official of the Ministry of foreign trade and economic cooperation of China on Monday, the Chinese government has designated China grain, oil and food import and Export Corporation as the only exporter of corn to Taiwan, thus confirming the recent market rumors "We have designated COFCO as the only corn exporter to Taiwan," said an official from the export certification office of the MOFTEC FCM COFCO is negotiating with the Taiwan pig industry alliance It is said that FCM COFCO is still negotiating with the Taiwan pig industry alliance to reach more corn trade According to COFCO officials, Taiwan wants to buy about 10000 tons of corn from COFCO, but we haven't signed the document yet, because we still need to negotiate specific issues, such as chartering ships, and get more guidance information from Taiwan FCM Taiwan's decision to import corn from the mainland has triggered competition between Kyrgyzstan and COFCO In November, the Taiwan pig industry alliance bought 12000 tons of mainland corn from COFCO, with CNF prices of $125 per ton The deal also represents the first shipment of corn sold from mainland to Taiwan But the day after the COFCO deal was concluded, Gilead announced that it had reached an agreement to sell 25000 tons of corn to a feed group in Taiwan, with an FOB price of $110 per ton at Qinhuangdao port On Monday, FCM officials said they would sell 50000 tons of feed corn to Taiwan at the end of the month, with CNF prices of $120-125 per ton But traders pointed out that Gillian could not sell corn to Taiwan in the future FCM South Korea's mfg bought 15000 tons of Chinese corn from COFCO, at US $113.30 per ton FCM odj Singapore, Nov 29: according to traders in Seoul, late Thursday, South Korea's main feed group, mfg, purchased 15, 000 tons of Chinese corn from COFCO through private negotiations, with CNF at US $113.30 per ton, March 20 They arrived at the mountains every day Fcm