![COFCO1](https://img.feedandgrain.com/files/base/wattglobalmedia/all/image/2020/09/fg.COFCO1.jpg?auto=format%2Ccompress&q=70&w=400)
Top Chinese grain trader COFCO has withdrawn from talks to buy a 25% stake in the KSK grain terminal in Russia’s Black Sea port of Novorossiisk, the terminal owner, Russian company Deloports Ltd, told Reuters.
A COFCO International spokesman declined to comment.