China's corn futures hit eight-year high amid supply concerns

>>REAL-TIME UPDATES IN THE WIRE. CLICK HERE<<<

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 increased by nearly 30 per cent from the start of the year to 2,355 yuan per tonne at the . . .

Sign In or Subscribe To Get Full Access.

Everything you need about China markets is on THE WIRE - one timeline with up-to-the-minute updates throughout every trading day.

Follow China Market In The Most Efficient Way!

TRY US FOR FREE

We offer limited-time welcome discount to let more people experience the value of our exceptional services. Don't Miss Out - Grab it!