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In China's grain sector, foreign goods are entering the market while domestic goods go into storage, with a huge price gap between domestic and international markets
Domestic production and inventories are growing, and imports are also climbing. All three are rising together - is there too much grain or too little? By our reporter Feng Hua. This year China's summer grain achieved a twelfth consecutive bumper harvest. Last year, China's grain production remained stable above 1.2 trillion jin for two consecutive years. At the same time, grain
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Imported grain enters the market while domestic grain goes into storage, with a huge price gap at home and abroad
This year China's summer grain achieved a twelfth consecutive bumper harvest. Last year, China's grain output remained stable above 1.2 trillion jin for two consecutive years. At the same time, grain imports exceeded the 100 million ton mark for the first time. In the first seven months of this year, 72.568 million tons of grain were imported, up 22.4% year on year. This has left many people puzzled
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