China may cut corn export subsidies in 2003
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Last Update: 2003-01-30
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Source: Internet
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Author: User
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Introduction: according to overseas media reports, an official from Jilin grain group, one of China's two leading grain exporters, said Wednesday that China may cut its export subsidies this year due to the high price of corn in the international market Although the details of the new subsidy policy of gzj are not known, the price of corn delivered in April, may and June which has been sold by Jilin grain group is higher than the average price of $105 / ton fob in 2002 Some officials in gzj said the government would not make clear its export policy in 2003 until the National People's Congress in March The new policy will not apply to trade until after April Gzj
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