Grain auction with Total Turnover Rate of 12.44%

By CnAgri2012-10-26 10:57:57 Print

By Oct 19, the State put a total of 3.1560million MT grains into the market, with turnover quantity of 392,500 MT and total turnover rate of 12.44%.

With reference to paddy, 151,500 MT paddies were put in and all were NE japonica rice. Turnover quantity was 30,000MT and average turnover price was RMB2610/MT.

With reference to wheat, Henan put 3.0045 million MT in and turnover volume was 392,500 MT with turnover rate being 13.06%. Average turnover price was RMB2113/MT.

For Henan market, 2.7032million MT was put in with turnover quantity of 348,200MT and turnover rate of 12.88%. For Anhui market, 0.3013million MT was put in with turnover quantity of 4.43MT and turnover rate of 14.71%.

No soybean and corn were put in this week.

From “China Grains Market Weekly Report”