Grain auction by May 31st
By CnAgri2013-06-09 11:03:39 Print By May 31st, the State put a total of 5.0128million MT wheat into the market, with turnover quantity of 0.4032 million MT and total turnover rate of 8.04%. The average turnover price was RMB2306/MtFor Henan market, 4.2113 million MT was put in with turnover quantity of 162400MT and turnover rate of 3.86% and average turnover price of RMB2265/MT, among which, 27400 MT that put in was reserved temporarily with turnover quantity of 11200MT and average price of RMB2207/MT; 4.0731 million MT that put in was purchased with minimum purchasing price with turnover quantity of 134300MT, and turnover price of RMB2243/MT. For Anhui market, 0.8015 million MT was put in with turnover quantity of 240700 MT and turnover rate of 30.03%.
No rice, corn or soybean was put in this week.
From “China Grains Market Weekly Report”
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