On November 23, Russia purchased 20 thsd tonnes of grains to the intervention fund

Source

APK-Inform

1975

On November 23, 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 19.98 thsd tonnes of grains (from the proposed volume of 22.95 thsd tonnes) at the sum of 194.48 mln RUR, declared the press-service of NAMEX.

In particular, the fund purchased 16.74 thsd tonnes of 4-grade wheat (from the proposed volume of 18.9 thsd tonnes), and 3.24 thsd tonnes of 5-grade wheat (from the proposed volume of 4.05 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`773.3 RUR/t;

- 5-grade wheat – 8`240.4 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 784.62 thsd tonnes of grains at the general sum of 7.483 bln RUR.

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