China's Sinograin sells from corn stockpiles, gains from recent price rises
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Beijing
CHINA'S state grains stockpiler Sinograin sold corn from its stockpiles at prices in line with the recent market gains amid concerns of falling supply during the next year because of cuts in plantings even as demand remains strong.
Sinograin sold 26,719 tonnes of corn at an average price of 1,870 yuan (S$383) per tonne on Tuesday, the company said in a statement.
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