Breaking News-RTRS-China state soy auction quiet over high set price

BEIJING, Sept 16 (Reuters) - China's weekly state soybean
auctions failed to attract bidders in Jilin and Inner Mongolia,
with only 15,500 tonnes of soybeans sold in northeast
Heilongjiang, or 3.1 percent of the total volume offered.
The highest price paid was 3,790 yuan ($555.3) per tonne,
down nearly 100 yuan compared with last week, when the market was
concerned about a drought in the major soy-growing area of
northeast China.