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Russia State Grain Purchases May Hit 18,900 Tons on First Day of Interventions

Russia's National Commodity Exchange has scheduled auctions for October 29 to purchase grain for the state fund, with the first day's volume potentially reaching 18,900 tons. This indicates active state intervention in the grain market, likely to support domestic prices. The scale of purchases and their impact on market prices remain uncertain.

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Interfax3 days agoRUCredibility 33%View source

Score Breakdown

Mosaic Score2.0
Model confidence0.5
Significance0.1
Source credibility0.3

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Russiacountry
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