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China To Auction 500,000 MT Rice This Week
Posted on Monday, November 27 @ 10:50:43 CST by ricenews

China RiceChina Rice

China plans to auction 500,000 MT of early long-grain rice and 1.1 million MT of wheat this week, auctioneers said Monday.

Anhui Grain Wholesale Market said it will also hold an auction Wednesday for 500,000 MT of early long-grain rice harvested in 2005, but didn't provide floor prices.

The government releases its stocks to the market through auctions, with the first one held Nov. 3.

 
 

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