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Huatai Futures reports Dalian corn futures closed at 2221 yuan/t on October 30 and Chinese corn imports reached 430,000 tonnes in September, up sharply year on year. Northeast harvest selling is increasing supply, and feed mills are keeping inventories low.
Higher imports and rising Northeast supply cap domestic corn price gains, though farmer reluctance to sell provides a floor. Feed buyers face a range-bound market.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.