According to publicly available data, 2010 policy-related corn supply put into the market totaled 47.48 million metric tons (MT), and competitive bidding turnover was 23.69 million MT. From January 5th, 2010 to December 28th, 2010, 20.16 million MT of corn were transferred between provinces with 7.69 million MT traded at an average price of 1882 CNY/MT. From April 13th to December 28th, the Northeast Region policy-related corn supply put into the market totaled 27.32 million MT, with 15.59 million MT traded at an average price of 1662 CNY/MT.
