On October 18, Russia purchased over 30 thsd tonnes of grains to the intervention fund

Source

APK-Inform

1661

On October 18, 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 30.78 thsd tonnes of grains (from the proposed volume of 32.535 thsd tonnes) at the sum of 283.439 mln RUR, declared the press-service of NAMEX.

In particular, the fund purchased 24.165 thsd tonnes of 4-grade wheat (from the proposed volume of 24.975 thsd tonnes), 4.32 thsd tonnes of 5-grade wheat (from the proposed volume of 4.86 thsd tonnes), and 2.295 thsd tonnes of 1-group barley (from the proposed volume of 2.7 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`743.8 RUR/t;

- 5-grade wheat – 8`326.6 RUR/t;

- 1-group barley – 7`831.4 RUR/t.

Since beginning of the purchasing auction (September 19), the intervention fund at NAMEX exchange site already purchased 448.2 thsd tonnes of grains at the general sum of 4.338 bln RUR.

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