AreaChina (Mainland)
Commodity GroupOilseeds, oils and meals
CommodityStaple commodities
Date01/07/2021
Policy CategoryStocks
Policy InstrumentState reserves
DescriptionAnnounced the expansion of the states grain storage capacity, as part of renewed efforts to enhance national grain security. Chinas 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, Chinas 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 June21).