China sells 100% of wheat on offer at Jan. 5 state auction

10 Jan, 2022

BEIJING: China sold 100% of the wheat put up for auction on Jan. 5, or 506,568 tonnes, said a statement from the National Grain Trade Center on Monday.

The grain, targeted only at millers, came from the 2014 through 2020 crop years and sold at an average price of 2,707 yuan ($424.73) per tonne.

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