Grain auction

By CnAgri2012-09-24 11:26:16 Print

In grain auction from Sep 8 to Sep 14, the state put a total of 3.0114million MT grains into the market, with turnover quantity of 303,700 MT and total turnover rate of 10.12%.

With reference to paddy, a total quantity of 2900 MT was put into the market, with turnover quantity of 400MT and total turnover rate of 14.00%, average turnover price was RMB2110/MT.

With reference to wheat, a total quantity of 2.9985million MT was put into the market, with turnover quantity of 0.3033million MT and turnover rate of 10.12%, the average turnover price was RMB2091/MT.

For Henan market, 2.6822million MT was put in with turnover quantity of 268,800MT and turnover rate of 10.02%. For Anhui market, 0.3163million MT was put in with turnover quantity of 3.46MT and turnover rate of 10.92%.

Besides, 0.3997million MT National Reserve soybean was put into market with turnover rate of 99% and average turnover price of RMB4552/MT, the total turnover quantity of National Reserve soybean amounted to 3.0322million MT by then. There was no transaction regarding corn.

From “China Grains Market Weekly Report”