BEIJING, Aug 13 (Reuters) - China sold 100% of the corn put up for auction on Thursday, continuing a trend seen in every weekly auction so far this year, according to the National Grain Trade Centre, although the average sale price was slightly lower than last week. China started auctions from its state stockpile on May 28 amid tight supplies of the grain, largely used for animal feed. Sales are expected to continue until October when the new crop reaches the market. The table below shows the volume of corn sold at weekly auctions from China's temporary reserves so far. Crop Total up Total Total sold Total Percenta Average for sale volume up (tonnes) sold ge sold price (yuan (tonnes) for sale volume per tonne) 13-Aug 2014 28,265 3,993,954 28,265 3,993,954 100% 1,852 2015 3,965,689 3,965,689 100% 1,960 6-Aug 2014 10,000 3,992,405 10,000 3,992,405 100% 1,905 2015 3,982,405 3,982,405 100% 2,005 30-Jul 2014 89,499 4,014,334 89,499 4,014,334 100% 1,874 2015 3,924,835 3,924,835 100% 2,040 23-Jul 2014 35,238 3,974,163 35,238 3,974,163 100% 1,886 2015 3,938,925 3,938,925 100% 2,019 16-Jul 2014 35,098 4,026,026 35,098 4,026,026 100% 1,819 2015 3,990,928 3,990,928 100% 1,952 9-Jul 2014 3,970,072 3,970,072 2015 3,970,072 3,970,072 100% 1,899 2-Jul 2014 70,527 4,099,101 70,527 4,099,101 100% 1,804 2015 4,028,574 4,028,574 100% 1,880 24-Jun 2014 70,950 3,988,237 70,950 3,988,237 100% 1,810 2015 3,917,287 3,917,287 100% 1,872 18-Jun 2014 220,505 3,980,692 220,505 3980692 100% 1,812 2015 3,760,187 3,760,187 100% 1,889 11-Jun 2014 187,333 3,942,683 187,333 3,942,683 100% 1,750 2015 3,755,350 3,755,350 100% 1,821 4-Jun 2014 137,758 3,978,882 137,758 3,974,739 100% 1,717 2015 3,841,124 3,836,981 100% 1,798 28-May 2014 243,577 3,992,526 243,577 3,992,526 100% 1,700 2015 3,748,949 3,748,949 100% 1,770 (Reporting by Dominique Patton and Beijing Newsroom)
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The Link LonkAugust 13, 2020 at 05:24PM
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TABLE-China corn auction results on Aug 13 - Successful Farming
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