Grain Auction by Feb. 21st 2014

By CnAgri2014-03-03 09:55:14 Print By Feb. 21st, the State auctioned a total of 1.0025 million MT wheat, with turnover quantity of 778,700 MT and total turnover rate of 77.68%. The average turnover price was RMB2422/MT.
　　
For Henan market, 0.4028 million MT was traded with turnover quantity of 0.3657 million MT and turnover price of RMB2425/MT; for Anhui market, 0.5998 million MT wheat was put in with turnover quantity of 0.413 million MT and turnover rate of 68.86% and average turnover price of RMB2419/MT. Turnover was made only in Anhui, Hubei, Jiangsu, Shanxi and Inner Mongolia.  314,700 MT was traded in Anhui with turnover quantity of 175,100 MT, turnover rate of 55.65% and average price of RMB2408/MT; in Jiangsu, 202,200MT was trade with turnover rate of 100% and average price of RMB2440/MT. 64,600 MT was traded in Hubei with turnover quantity of 33,200 MT, turnover rate of51.46% and average price of RMB2346/MT; 18,200 MT was traded in Shanxi with turnover quantity of 2,400 MT, turnover rate of13.18% and average price of RMB2395/MT.43 MT was traded in Inner Mongolia with t turnover rate of 100% and average price of RMB2260/MT.
　　
Wheat delivery from warehouses was not open publicly in Hebei and Shandong. No NE soybean, rice or corn was put in this week.

From “China Grains Market Weekly Report”