AreaChina (Mainland)

Commodity GroupOilseeds, oils and meals

CommodityStaple commodities

Date01/07/2021

Policy CategoryStocks

Policy InstrumentState reserves

DescriptionAnnounced the expansion of the state’s grain storage capacity, as part of renewed efforts to enhance national grain security. China’s Grain Reserves Corporation was expected to build 120 new storage facilities across 18 provinces.

NotesCHINA – agricultural policy – grain storage facilities: According to official media, in 2021, China plans to add 10.85 million tonnes of capacity to its national grain storage capability. Reportedly, China’s Grain Reserves Corporation is expected to build 120 new storage facilities across 18 provinces, as part of renewed Government efforts to enhance national grain security (see also MPPU June’21).