Analysts indicate that China will take over 40
million to 50 million tons of maize within six months starting from November,
lower than that between 2014 and 2015 by 83 million tons, but it still leads to
that national storage of maize amounts to around 0.2 billion tons, higher than
predicted consumption amount on the yearly basis by around 20 million tons.
The
Beijing Government shall continue to implement maize temporary purchase and
storage projects but might thoroughly loosen domestic maize price. Analysts
reckon that governmental purchase amount will plunge and a growing proportion
of local governments would provide subsidiary to maize manufactures, which
would help enhance consumption of domestic maize.