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China sold 41,359 tonnes of wheat at reserve auction

BEIJING: China sold 41,359 tonnes of wheat, or 100% of the total offer, at an auction of its reserves held on Oct. 12, the National Grain Trade Center said in a statement on Monday.

CBOT wheat may retest resistance at $9.06-1/4

The average selling price of the wheat, which was from the 2014, 2015 and 2016 crops, was 2,854 yuan ($396.63) per tonne, it said.

China sold 41,359 tonnes of wheat at reserve auction

Source: Brecorder

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