News
21.04.2011
Russia sold 11.3 thsd tonnes of intervention grains on April 20
On April 20, 2011, the National Commodity Exchange provided regular exchange trades of grains from the state intervention reserve. The Government sold 11.29 thsd tonnes of grains at the general sum of 67.94 mln RUR (2.42 mln USD).
During the whole auction period (February 4 – April 20), the Commodity Exchange sold 40.29 thsd tonnes of 3-grade wheat (of the harvest-2005) and 243.7 thsd tonnes of 3-grade wheat (2008); 215.73 thsd tonnes of 4-grade wheat (2008), 5.4 thsd tonnes of 4-grade wheat (2005) and 34.02 thsd tonnes of milling rye, group A (2008). Also, the Government sold 8.1 thsd tonnes of 4-grade wheat of the harvest-2009.
By now, during whole days of exchange trades the Government sold 839.43 thsd tonnes of intervention grains.
The average weighted price of 3-grade wheat of 2005 and 2008 origin, sold from the intervention fund, totaled 6627.8 RUR/t and 6653.1 RUR/t respectively, 4-grade wheat – 6202.5 RUR/t and 6352.7 RUR/t respectively, milling rye – 6164 RUR/t, 4-grade milling wheat (2009) – 6275 RUR/t.
Source from AgrimarketInfo
