Grain auction By July 12th

By CnAgri2013-07-23 11:14:18 Print By July 12th, the State put a total of 4.9485 million MT wheat into the market, with turnover quantity of 0.5659 million MT and total turnover rate of 11.44%. The average turnover price was RMB2336/Mt.
 
For Henan market, 3.7861 million MT was put in with turnover quantity of 203300MT and turnover rate of 5.37% and average turnover price of RMB2309.29/MT, among which, 79200 MT that put in was reserved temporarily with turnover quantity of 79200MT and average price of RMB2418/MT; 3.707 million MT that put in was purchased with minimum purchasing price with turnover quantity of 124200MT, and turnover price of RMB2240/MT. For Anhui market, 1.1624 million MT was put in with turnover quantity of 362500 MT and turnover rate of 31.19%.
 
No rice, corn or soybean was put in this week.




From “China Grains Market Weekly Report”