Taiwan buys 60,000 tonnes of Brazilian corn from Cargill

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Publish time: 8th October, 2013      Source: www.cnchemicals.com
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October 8, 2013

   

   

Taiwan buys 60,000 tonnes of Brazilian corn from Cargill

   

   

   

Taiwan Maize Industry Procurement Association has purchased a shipment of 60,000 tonnes of Brazilian corn from Cargill.

   

   

Traders said that the shipment is scheduled between November 26 and December 10, with prices fixed at an additional US$1.57/bushel above March futures contract prices on CBOT.

   

   

Taking advantage of the latest fall in corn prices, Asian buyers are ramping up imports of corn.