Wednesday, 4 May 2011
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China Corn Import Prices Fall On Cue From U.S. Corn Slump
By Chuin-Wei Yap Of DOW JONES NEWSWIRES BEIJING (Dow Jones)--Import prices of U.S. corn fell Wednesday at key Chinese ports, taking a cue from a sharp two-day slump in bellwether Chicago corn futures.A downturn in U.S. corn prices may signal China's re-entry into the market.Landed prices of No. 2 corn for May delivery fell CNY35, or 1%, to CNY2,771 a metric ton in a single day, grain industry
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