On November 22, Russia purchased over 24 thsd tonnes of grains to the intervention fund

Source

APK-Inform

1748

On November 22, 2016, 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 whole proposed volumes of grains - 24.3 thsd tonnes at the sum of 237.698 mln RUR, declared the press-service of NAMEX.

In particular, the fund purchased 20.25 thsd tonnes of 4-grade wheat and 4.05 thsd tonnes of 5-grade wheat.

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`764.8 RUR/t;

- 5-grade wheat – 8`237.1 RUR/t;

- 1-group barley – 7`879.4 RUR/t.

Since beginning of the purchasing auction (September 19), the intervention fund at NAMEX exchange site already purchased 764.64 thsd tonnes of grains at the general sum of 7.29 bln RUR.

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