China buys wheat from America again

China buys wheat from the United States and from Canada again after domestic product prices have risen to a record high level, while wheat prices on the global markets became cheaper.

The Chinese media referring to Chinese market participants wrote on Wednesday that the Chinese mills bought several cargoes of high quality wheat in recent days. According to observers,  if prices remain favorable, orders will continue until May, until the next yield will be marketed.  (MTI)