Grain auction by Nov 16

By CnAgri2012-11-26 12:51:21 Print     By Nov 16, the State put a total of 4.1487million MT grains into the market, with turnover quantity of 1.0166million MT and total turnover rate of 24.50%.
 
    With reference to paddy, in Heilongjiang and Jilin 151,500 MT paddies were put in with continuous falling sales. Falling sales in the NE reflected there were great problems in the market.
 
    With reference to wheat, Henan put 3.9973 million MT in and turnover volume was 1.0166million MT with turnover rate being 25.43%. Average turnover price was RMB2125/MT.
 
    For Henan market, 3.2915million MT was put in with turnover quantity of 657,600MT and turnover rate of 19.98%. For Anhui market, 705,700 million MT was put in with turnover quantity of 35.57MT and turnover rate of 50.86%.
 
    No soybean was put in this week. 397,200 MT soybeans were put in last week and turnover volume was 65,500. Average turnover price was RMB 4,506/MT with turnover rate being 16.49%. Cumulative turnover quality was 3.7622million MT.
 
    Still no corn was put in by the State this week.

  


From “China Grains Market Weekly Report”