KIEV, June 15 – State Food-Grain Corporation and China National Complete Engineering Corporation (CCEC) have reached an agreement on the size of their preferential margin, pegged at 1.5% of the price, but no more than $5 per ton and only if CCEC is the ultimate recipient of grain.
"Our achievement was an agreement with China's CCEC on the size of the preferential margin of 1.5% of the price, but no more than $5 per ton and only if grain is supplied to CCEC," acting Board Chairman Borys Prykhodko said at a press conference in Kiev on Tuesday.
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