September 28, 2011
China sells 13% of auctioned wheat
China on Tuesday (Sep 27) sold 38,447 tonnes of state wheat reserves in an auction in Anhui province at RMB1,804 (US$282)/tonne, sources reported.
The amount sold accounted for 12.81% of that which was auctioned.
This batch of wheat is to be used for making feeds and alcohol.
