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Breaking News-RTRS-China to suspend weekly state corn, soy sales

Posted by Flora Sawita Labels:

BEIJING, Nov 23 (Reuters) - China will suspend weekly auctions of state corn and soybean reserves from next month to support domestic prices amid increased supplies from new harvests.
Weekly auctions of corn and soybeans from warehouses in four provinces in the northeast would be suspended from Dec. 1, according to a notice posted on the website of the National Grain & Oil Trade Center (www.grainmarket.com.cn).

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