On October 12, Russia purchased over 46 thsd tonnes of grains to the intervention fund

Source

APK-Inform

1637

On October 12, 2018, National Mercantile Exchange CJSC (NAMEX) held the regular stock exchange trading within frames of public grain purchasing interventions in the regional trading platforms of Russia, and purchased 46.305 thsd tonnes of grains (from the proposed volume of 49.95 thsd tonnes) at the sum of 424.254 mln RUR, declared the press-service of NAMEX.

In particular, the fund purchased 6.75 thsd tonnes of 3-grade wheat (whole proposed volume), 24.3 thsd tonnes of 4-grade wheat (whole proposed volume), 10.125 thsd tonnes of 5-grade wheat (from the proposed volume of 13.5 thsd tonnes), and 5.13 thsd tonnes of 1-group barley (from the proposed volume of 5.4 thsd tonnes).

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

- 3-grade wheat – 10`521.3 RUR/t;

- 4-grade wheat – 9`778.3 RUR/t;

- 5-grade wheat – 8`319.7 RUR/t;

- 1-group barley – 7`819.1 RUR/t.

Since beginning of the purchasing auction (September 19), the intervention fund at NAMEX exchange site already purchased 417.42 thsd tonnes of grains at the general sum of 4.054 bln RUR.

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