# The sale of new wheat rebounded at the temporary storage auction and the price of new wheat is still weak.

> Chinese national temporary storage wheat auctions saw a weekly rebound in stored-wheat turnover, but new-crop wheat prices remain weak. Cumulative figures cited show 12.97 million tons offered, 385,678 tons sold (a 2.97% transaction rate) at 2,466-2,500 yuan/ton, with most lots sold at the auction floor price.

- Date: 2026-11-13 · published 2026-11-13T09:08:19.857Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/97484-the-sale-of-new-wheat-rebounded-at-the-temporary-storage-auction-and-the-price
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Weak auction uptake and floor-level clearing show that the state reserve is not absorbing surplus new-crop wheat, which keeps domestic Chinese wheat prices under pressure and limits support for feed wheat use.

## Read by commodity

- WHEAT: bearish ▼

## Sources

- mysheen.com: https://www.mysheen.com/a4270

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.