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China puts more grain reserve on market
10.12.2010 13:40 "Agro Perspectiva" (Kyiv) —
Chinas State grain reserve released 8.6 million tons of grain on to the market from Nov 29 to Dec 3 to ensure market supply and stabilize prices, said the countrys top economic planner Thursday.
The figure was up by 136,000 tons from the amount the previous week, with market prices seeing small declines and trade shrinking visibly, said the National Development and Reform Commission (NDRC).
The reserve included 1.8 million tons of corn, 4.5 million tons of wheat, 2.1 million tons of rice and 296,000 tons of soybean, the NDRC said.
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