Breaking News-RTRS-FACTBOX-China auctions of state soybean, corn reserves
Posted by Labels: Trader's highlightBEIJING, Aug 26 (Reuters) - China sold 9,600 tonnes of
soybeans from its state soybean reserves on Wednesday, less than
2 percent of the planned release, with unattractive prices
continuing to keep buyers away.
The soybean sale on Aug. 26 was priced at 3,750 yuan per
tonne, the same as the minimum asking price.
China has sold a total of 20,300 tonnes of soybeans from its
state reserves since the auctions were launched.
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