Traders say US estimates of Chinese corn stocks are ridiculous
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Last Update: 2001-05-19
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Source: Internet
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Author: User
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Introduction: [traders call the U.S estimate of China's corn inventory ridiculous] according to overseas media, since the U.S Department of Agriculture released an estimate of 77.7 million tons of China's corn inventory in the may supply and demand report, many traders in China are very skeptical of the U.S Department of agriculture's estimate One Singaporean trader thought the figure was ridiculous These traders estimate that China's corn stocks will not actually exceed 30-40 million tons Because if China's corn stocks are the same as the U.S Department of agriculture expected, then the price of corn in China will not rise in the past few months China feed industry information network yuu
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