On October 22, Russia purchased over 15 thsd tonnes of grains to the intervention fund

Source

APK-Inform

752

On October 22, 2014, Russia held the regular stock exchange trading within frames of public grain purchasing interventions, and purchased 15.795 thsd tonnes of grains of the harvest-2014 to the interventions fund from the general proposed volume of 29.835 thsd tonnes, at the sum of 84.004 mln RUR, declared the press-service of National Mercantile Exchange CJSC.

In particular, the fund purchased 2.16 thsd tonnes of 3-grade wheat (from the proposed volume of 3.915 thsd tonnes); 0.945 thsd tonnes of 5-grade wheat (from the proposed volume of 2.97 thsd tonnes); 4.05 thsd tonnes of 1-grade rye (from the proposed volume of 9.18 thsd tonnes), and 8.64 thsd tonnes of barley (from the proposed volume of 12.15 thsd tonnes).

The trades on 1.62 thsd tonnes of 4-grade wheat were invalidated.

The weighted average prices of the grains sold to the intervention fund were as follows:

- 3-grade wheat – 6400 RUR/t;

- 4-grade wheat – 6304.2 RUR/t;

- 5-grade wheat – 6008.3 RUR/t;

- 1-grade rye – 4981.9 RUR/t;

- feed barley – 5148.5 RUR/t.

Since the beginning of the stock exchange trading (September 30, 2013) the intervention fund already purchased 177.235 thsd tonnes of grains at the general sum of 971.374 mln RUR.

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