Skyrocketing corn price driven by speculators, does not signal corn shortage: analyst

Skyrocketing corn price driven by speculators, does not signal corn shortage: analyst

The price of corn in northern China has skyrocketed in recent days, driven by speculative trading and deep-processing enterprises, but an agricultural analyst reassured the market by saying the supply and demand of corn is heading toward a balance after the country’s efforts of destocking.
Source: Global Times | 2020/8/2 21:43:18

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