China's corn futures surged to a new high in eight years on concerns over corn supply after typhoons hit the country's major corn-growing region over the past few weeks.
Corn futures contract on the Dalian Commodity Exchange, for January delivery, hit 2,443 yuan per tonne, the highest level since August 2012 and rising more than 35 per cent from around 1,800 yuan per tonne in September last year.
Corn prices . . .
To continue reading, please subscribe. You will get
- THE WIRE - An Unrivalled Real-Time Platform providing up-to-the-minute updates of market-moving news and views utilizing a network of journalists, traders, brokers, analysts, etc. Here are some screenshots of the wire updates.
- IN-DEPTH & DATA-DRIVEN reporting on China's economy, policy and financial markets.
- DETAILS - We bring you important details that you won't find elsewhere.
- WEEKLY NEWSLETTER with Editors' Picks
GRAB OUR CHRISTMAS OFFER. Starting from $9.9 !
Already have an account? Sign In