China sells 1,303 T of imported 2013 wheat at auction of state reserves

BEIJING: China sells 1,303 tonnes of imported 2013 wheat at auction of state reserves at an average price of 2,351 yuan ($341.79) per tonne, the National Grain Trade Center said on Monday.

Sale represents 0.07 percent of total wheat available at the auction.

China also sells 2,070 tonnes of 2012 wheat at auction of state reserves at an average price of 2,360 yuan per tonne, according to the trade center.

The sales volume represents 1.93 percent of total wheat available at the auction.