Russia: NAMEX to start grain intervention sales on January 22

Source

APK-Inform

1133

On January 22, CJSC National Mercantile Exchange (NAMEX) will resume grain sales from the public intervention fund, reported the press-service of the NAMEX.

Generally, in the following week there are scheduled 4 trading days — from January 22 to January 25.

As a reminder, the last selling auction of intervention grains on the domestic market was held on December 14, 2018. Generally, in the period of the reporting exchange sales (October 23 - December 14) the intervention fund sold nearly 480 thsd tonnes of grains.

At the same time, the Ministry of Agriculture plans to sell nearly 1.5 mln tonnes of intervention grains to domestic consumers in the current season.

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