On March 23, with the registration of the 1st batch of corn starch warehouse receipts all cancelled, the corn starch futures smoothly completed the physical delivery process for the first time. Starch producers and traders, and starch sugar producers all participated in the delivery, with the whole delivery process and the delivery quality standard effectively inspected as well.
1503 corn starch contract witnessed 52 lots of registered standard warehouse receipts in total, amounting to 520-ton spots, with a total value of RMB 1,459,100. The delivery venues are located in Shandong, with 4 clients participating in the delivery by way of factory warehouse delivery. The sellers were two corn starch producers, and the buyers were a starch sugar producer and a starch sugar trader.
