On November 18, Russia purchased over 8 thsd tonnes of grains to the intervention fund

Source

APK-Inform

606

On November 18, 2014, Russia held the regular stock exchange trading within frames of public grain purchasing interventions, and purchased only 8.37 thsd tonnes of grains of the harvest-2014 to the interventions fund from the general proposed volume of 22.545 thsd tonnes, at the sum of 42.687 mln RUR, declared the press-service of National Mercantile Exchange CJSC.

In particular, the fund purchased 8.37 thsd tonnes of 1-grade rye (from the proposed volume of 8.64 thsd tonnes).

The trades on 0.67 thsd tonnes of 3-grade wheat, 1.485 thsd tonnes of 4-grade wheat, 2.295 thsd tonnes of 5-grade wheat, and 9.45 thsd tonnes of barley 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 – 6345.1 RUR/t;

- 5-grade wheat – 6006.5 RUR/t;

- 1-grade rye – 5031 RUR/t;

- feed barley – 5148.8 RUR/t.

Since the beginning of the stock exchange trading (September 30, 2013) the intervention fund already purchased 248.65 thsd tonnes of grains at the general sum of 1.356 bln RUR.

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