Markets

China sells 484,427 tonnes of wheat at auction of state reserves

  • The average selling price of the wheat was 2,341 yuan($358.50) per tonne.
Published December 28, 2020 Updated December 28, 2020 09:20am
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BEIJING: China sold 484,427 tonnes of wheat, 12.01% of the total offer, at an auction of state reserves last week, the National Grain Trade Centre said in a statement on Monday.

The average selling price of the wheat was 2,341 yuan ($358.50) per tonne, the trade centre said.