China To Auction 500,000 MT Rice This Week
Date: Monday, November 27 @ 10:50:43 CST
Topic: China 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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