SunSirs: China's Agricultural Product Import and Export Statistics for September

China imported 60,000 metric tons of corn and corn flour in September, down 81.9% year-on-year. Cumulative imports of corn and corn flour reached 930,000 metric tons year-to-date, down 92.7% year-on-year.

September imports of wheat and wheat flour reached 390,000 metric tons, a 59.9% increase year-on-year. Cumulative annual imports of wheat and wheat flour totaled 2.99 million metric tons, down 72.1% year-on-year.

September sugar imports amounted to 550,000 metric tons, a 35.8% increase year-on-year. Cumulative annual sugar imports reached 3.16 million metric tons, up 9.4% year-on-year.

Palm cooking oil imports in September reached 150,000 tons, down 32.2% year-on-year; cumulative annual palm cooking oil imports totaled 1.74 million tons, down 15.7% year-on-year.

Rice grain, rice, and rice flour imports in September amounted to 250,000 tons, up 194% year-on-year; cumulative annual imports reached 2.3 million tons, up 133.8% year-on-year. .

Barley imports in September reached 1.23 million tons, up 30.9% year-on-year; cumulative annual barley imports totaled 7.82 million tons, down 33.8% year-on-year.

Sorghum imports in September amounted to 670,000 tons, down 30.5% year-on-year; cumulative annual sorghum imports reached 3.65 million tons, down 46.1% year-on-year.

Pork imports in September reached 80,000 tons, down 22.5% year-on-year; cumulative pork imports for the year totaled 790,000 tons, down 1.3% year-on-year.

Beef imports in September reached 320,000 tons, up 44.8% year-on-year; cumulative beef imports for the year totaled 2.12 million tons, up 1% year-on-year.

Fertilizer exports in September reached 5.44 million tons, up 68.2% year-on-year; cumulative fertilizer exports for the year totaled 33.36 million tons, up 45.4% year-on-year.

As an integrated internet platform providing benchmark prices, on October 24, the SunSirs corn benchmark price was 2,177.14 RMB/ton, down 4.75% from the beginning of the month (2,285.71 RMB/ton).

Application of SunSirs Benchmark Pricing：

Traders can price spot and contract transactions based on the pricing principle of agreed markup and pricing formula (Transaction price=SunSirs price + Markup).

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