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China Agriculture Report By CnAgri2014-09-09 09:49:23China Agriculture Report Print

On 2 September 2014, the auction transaction rate of state reserving soybean continued increased.

On 2 September, National Temporary Storage Soybean Auction Fair planned to sale 337,539 tons soybean the actual transaction and transaction rate were respectively 132,135 tons, and 39.15%. Among that, it planned to sale 2010 soybean 37,382 tons, and the actual transaction and transaction rate were respectively 9,331 tons and 24.96%; it planned to sale 2011 soybean 300,157 tons, the actual transaction, transaction rate, and the average transaction price were respectively 122,804 tons, 40.91%, and 4,125 Yuan/ton.
 
As for different provinces: Inner Mongolia planned to sale116,878 tons the actual transaction was 29,100 tons and the transaction rate was 24.9%, among that, it planned to sale 2010 soybean 37,382 tons, the actual transaction was 9,331 tons and the transaction rate was 24.96% and the highest, lowest and average transaction price were respectively 4200Yuan/ ton, 3920 Yuan/ton, 3960 Yuan/ton. It planned to sale 2011 soybean 79,796 tons, but the actual transaction was 19,769 tons and the transaction rate was 24.87% and the highest, lowest and average transaction price were respectively 4050Yuan/ ton, 3960 Yuan/ton, and 4000 Yuan/ton.
 
Heilongjiang planned to sale 2011 soybean 120,516 tons, and the actual transaction was 80,357 tons, the transaction rate was 66.68%, the highest, lowest and the average transaction price were respectively 4220Yuan/ ton, 3970 Yuan/ ton, and 4135Yuan/ ton.
 
Liaoning planned to sale 2011 soybean 100,145 tons, and the actual transaction, transaction rate, and average transaction price were respectively 22,678 tons, 22.65% and 4200 Yuan/ton.













From “China Oil and Oilseeds Market Weekly Report”
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