TABLE-China sells 674,796 tonnes of wheat at auction of state reserves - trade centre

BEIJING, Nov 30 (Reuters) - China sold 674,796 tonnes of wheat, or 16.76% of the total offer, at an auction of state reserves last week, the National Grain Trade Centre said on Monday. The average selling price of wheat was 2,340 yuan ($355.34)per tonne, the trade centre said in a notice on its website. The auction rate has declined in recent weeks from record high levels last month. The table below shows the volume of wheat sold at weekly auctions from China's state reserves since June 22 this year. Auction Total up Total Percentage Average date for sale sold sold price (tonnes) (tonnes) (yuan per tonne) 25-Nov 674,796 16.76% 2,340 4,024,180 18-Nov 17.62% 2,339 4,019,884 708,462 11-Nov 21.57% 2,336 3,988,788 860,535 4-Nov 56.10% 2,343 4,000,754 2,244,640 28-Oct 67.74% 2,356 3,983,946 2,699,068 21-Oct 73.41% 2,357 3,984,332 2,924,939 14-Oct 41.19% 2,347 4,015,809 1,654,115 28-Sep 12.20% 2,342 3,013,958 367,930 23-Sep 7.49% 2,312 3,041,332 227,835 16-Sep 7.81% 2,310 3,053,816 238,510 9-Sep 8.86% 2,303 2,075,956 184,083 2-Sep 5.72% 2,351 2,029,753 116,176 26-Aug 7.71% 2,348 2,026,128 156,314 19-Aug 15.54% 2,359 2,051,998 318,897 12-Aug 38.50% 2,360 1,117,052 430,129 5-Aug 20.48% 2,346 1,046,249 214,342 29-Jul 20.93% 2,328 1,098,145 229,923 22-Jul 1.76% 2,367 1,040,199 18,395 15-Jul 5.85% 2,346 1,042,977 61,109 8-Jul 2.76% 2,364 1,058,876 29,285 1-Jul 0.83% 2,337 1,049,901 8,780 22-Jun 0.37% 2,316 1,058,852 3,959 ($1 = 6.5853 Chinese yuan) (Reporting by Dominique Patton and Beijing Newsroom)

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