on 24 June 2014, the transaction rate of state reserving soybean declined to 12.61%

By CnAgri2014-06-30 09:18:24 Print On 24 June National Temporary Storage Soybean Auction fair planned to sell 354726 tons soybean, the actual transaction was 44,741 tons, the transaction rate was 12.61%. To be specific, in 2010, it planned to sell 51,834 tons soybean, but this transaction failed; in 2011, it planned to sell 302,892 tons soybean, the actual transaction was 44,741tons, the transaction rate was 14.77%, and the average transaction price was 4,055 Yuan/ ton.
 
As for provinces: Inner Mongolia: It planned to sell 111,415 tons soybean, the actual transaction was 2451 tons, and the transaction rate was 2.20%. To be specific, in 2010, it planned to sell 51,834tons soybean, but this transaction failed. In 2011, it planned to sell 59,581tons soybean, the actual transaction was 2451 tons, the transaction rate was 4.11%, and the average transaction price was 4000 Yuan/MT.
 
Heilongjiang: In 2011, it planned to sell 243,311MT soybean, the actual transaction was 42,290 tons, the transaction rate was 17.38%, the maximum transaction price was 4,310Yuan/ton, the minimum transaction price was 3,970Yuan/ton, and the average transaction price was 4,058 Yuan/ton.







From “China Oil and Oilseeds Market Weekly Report”