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The European Union management panel sold 4,213 tons of old-stock Hungarian intervention maize at €98.02 per ton at a tender on Thursday, Reuters reported, citing official data.
Traders had placed bids for 8,789 tons of maize at prices ranging from €36.69 to €98.02 per ton, the data showed.
The European Union in June opened a tender to resell around 16,000 tons of maize, harvested in 2004 and 2005 and still held in intervention stores in Hungary, back onto EU markets. (MTI-ECONEWS)