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China to buy $38.9 mln worth Taiwan agri goods

BEIJING (Commodity Online) : China’s Council of Agriculture (COA) on Wednesday said it will buy $38.9 million worth of agricultural products from Taiwan through the end of 2010, the single largest such purchase made by a Chinese entity in Taiwan,.

The commitment was made by a delegation of the All China Federation of Supply and Marketing Cooperatives.

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COA said the Chinese cooperatives agreed to buy 3,000 metric tons of fruit from Taiwan in the first half of 2010 and another 2,000 metric tons in the second half of the year, with a combined value of NT$200 million.
MCX CARDAMOM 15 May 2012 contract was trading at Rs 705 , up Rs. 15 . What's your view on it?
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