China to sell 300,000 tonnes rapeseed oil reserves

China to sell 300,000 tonnes rapeseed oil reserves

(ADPnews) - Oct 13, 2010 - China will on October 20, 2010, sell 300,000 tonnes of rapeseed oil, used also as a raw material for biodiesel proction.

The notice posted on the National Grain & Oil Trade Centre (www.grainmarket.com.cn).

The Chinese government has approximately 2 million tonnes of rapeseed oil in temporary reserves.

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