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November 18, 2014
According to figures released by CNGOIC, China has ordered 1.14 million tons of corn from Ukrainesince October as part of their loan for grain deal. With the latest purchase to be included, China would have imported a total of 1.32 million tons of corn from Ukraine this year.
In general, China is predicted to import 2.4 million tons of corn this year, down by 860,000 tons from last year.