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A Chinese agriculture ministry official said there is no lasting corn shortage despite recent price surges. He blamed speculators betting on short-term shortages and said the price rise was reasonable given typhoon-related harvest costs.
The Dalian January contract reached its highest level since its 2004 launch.
Official reassurance and a good harvest outlook could cool speculative buying in China's corn futures. Lower Chinese corn prices would ease import pressure on global feed grain markets.
caixinglobal.comHuang Shulun, Du Caicai, Luo Meihan2020年10月23日在过去 439 次中性的政策事件之后，玉米 在 5 个交易日内中位数变动 +0.1%（51% 上涨；中间一半区间为 -1.3% 至 +1.2%），20 个交易日内为 +1.1%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
