Asian corn plunges $13/mt on day, posts biggest daily drop on record

Capt. John

CFR Asian corn prices fell $12.5/mt in its biggest one-day drop ever to close at $412.5/mt CFR March 15, with market sources citing slump in freight rates amid fears of economic slowdown in China affecting sentiment. South Korea feed makers booked a total of four cargoes, or 266,000 mt of corn, on...

https://www.hellenicshippingnews.com/asian-corn-plunges-13-mt-on-day-posts-biggest-daily-drop-on-record/

Leave a Comment