Corn Prices Continue to Move Up in Guangdong,Less Deal in Northern Port

   Date:2008/05/01     Source:

Guangdong port of quality corn higher again on bid prices, the April 30 general price in 1770-1780 yuan / ton, a weekly up 10-20 yuan / ton, traders have reached 1,820 yuan highest Price / ton. Currently feed enterprises in Guangdong and brokers are optimistic about the needs of investors, the acquisition costs of corn production is rising while prices are strong. Guangdong ports are currently 25-26 million tons of maize stocks around the middle of next month will arrive before more than 30 million tons.

today northern port representative of corn-cabin prices are still 1,600 yuan / ton, the better the quality of higher corn prices, but due to arrive and storage costs continue to rise, local Traders this price level is not high enthusiasm of the cabin, looking forward to the follow-up prices will continue to rise more.

May 1 is expected to post between South and North Port corn prices continue to shock the strong momentum unchanged. (China's corn market network Li Ying)

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