date:Jul 04, 2013
Chinese flour mills bought wheat from France in June, a rare purchase that highlights Chinas concerns about its low-quality harvest amid recent declines in global prices.
After buying 1.5 million metric tons (55 million bushels) of US wheat in May, Chinese importers are reportedly still looking for another 2 million to 3 million metric tons (73 to 110 mb) of wheat, possibly U.S. wheat.
Recent wheat price decreases in the international market make wheat imports profitable in China. This is why