On February 5, Russia sold over 62 thsd tonnes of intervention wheat
On February 5, 2013, JSC United Grain Company provided regular exchange trading with intervention grains in the Russian Federation. The intervention fund put up 64.935 thsd tonnes of wheat for exchange commodity trading, and sold 62.075 thsd tonnes at the general sum of 530.6 mln RUR. In particular, trading volume of transactions included 28.08 thsd tonnes of 3-grade wheat of the harvest-2008 at the sum of 238 mln RUR, 18.495 thsd tonnes of 3-grade wheat of the harvest-2009 at the sum of 168.5 mln RUR, 2.7 thsd tonnes of 4-grade wheat of the harvest-2008 at the sum of 23.9 mln RUR, and 10.8 thsd tonnes of 4-grade wheat of the harvest-2011 at the sum of 100 mln RUR.
The weighted average prices of the grains sold from the intervention fund were as follows:
- 3-grade wheat of the harvest-2008 – 8277.3 RUR/t;
- 3-grade wheat of the harvest-2009 – 8427 RUR/t,
- 3-grade wheat of the harvest-2011 – 9357.6 RUR/t,
- 4-grade wheat of the harvest-2008 – 8383.7 RUR/t;
- 4-grade wheat of the harvest-2009 – 7947.4 RUR/t;
- 4-grade wheat of the harvest-2011 – 9355.3 RUR/t.
As of the reporting date, there were already accredited 328 participants from Arkhangelsk, Astrakhan, Belgorod, Vladimir, Voronezh, Volgograd, Irkutsk, Kaluga, Kemerovo, Kirov, Kurgan Kursk, Leningrad, Lipetsk, Moscow, Murmansk, Novgorod, Novgorod, Novosibirsk, Omsk, Orenburg, Penza, Pskov, Rostov, Ryazan, Saratov, Samara, Sverdlovsk, Smolensk, Tambov, Tver, Tomsk, Tula, Tyumen, Ulyanovsk, Chelyabinsk and Yaroslavl oblasts; Altai, Transbaikalia, Krasnodar, Krasnoyarsk, Perm, Stavropol and Khabarovsk Krais; the Republics of Bashkortostan, Karelia, Mordovia, Mari El, Tatarstan, Chuvashia, Udmurtia, Moscow and St. Petersburg cities of the Russian Federation to participate in the exchange trades with grains under the public commodity interventions.
35 agricultural organizations became the winners of the exchange trading, with which JSC United Grain Company will conclude sale and purchase contracts.
Since the beginning of the public commodity interventions in 2012, the public intervention fund already sold 1.625 mln tonnes of grains on the stock exchange at the general sum of 13.571 bln RUR.
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