Entering April, the corn market continued to have good news, for example, the increase in grain reserves landed, and a new round of storage in Jilin was planned to be 2.6 million tons.
For example, the restricted bonded area for the transportation of imported corn is conducive to boosting the enthusiasm of grain farmers!
However, most of these good news is emotional support, the impact on the purchase and sale of spot corn is limited, at present, the domestic corn market is still facing the practical pressure of loose surplus grain and insufficient enterprise undertaking!
According to the latest data, in the mainstream corn producing areas in China, Shandong and the Northeast market, the quotations for deep processing have shown a trend of falling in a wide range! The specific market is as follows:
Northeast side: At present, the local corn purchase and sales sentiment is cautious, due to the lack of grain price difference in the production and marketing market, traders corn delivery is not smooth, local purchase and sales are the mainstay!
Judging from the market feedback, the surplus grain at the grassroots level has been further reduced, and the main body of grain has been transferred to traders, and traders have a certain bullish sentiment of reluctance to sell, and the amount of corn in the circulation link is general, and the deep processing enterprises are not enough to undertake the strength, and the low-price rice of feed enterprises and the corn in the early storage are higher, and the demand for replenishment is cautious.
The inventory of deep processing enterprises is relatively safe, some enterprises are concentrated in the early stage, the inventory days are about 30~45 days, and the inventory days of corn in some enterprises have reached more than 60 days, the demand capacity is poor, and the performance of corn purchase and sales is relatively cold!
According to the latest quotations, in Heijiliao and Inner Mongolia, the mainstream quotation of deep processing stabilized, among them, Shenyang Hongyuan fell 0.5 points, and the execution price was 1.102 yuan / catty. The average price of corn in Northeast China is 1.12 yuan/jin, and the listed price of mainstream enterprises is 1.085~1.19 yuan/jin!
North China Market: At present, the low-cost grain source in Northeast China is not smoothly transferred, and the quotation of some local enterprises is lower than that of Jilin, Liaoning, and Inner Mongolia, and the regional grain source is relatively poor, and the local corn purchase and sale is the mainstay! Due to the slow pace of corn grain sales at the grassroots level, the surplus grain at the grassroots level is still about 3 percent, and with the warmer weather, the risk of corn resurgence and mildew increases, and the farmers' sentiment to sell grain is stronger, and the amount of corn at the grassroots level is relatively relaxed.
On the demand side, due to the increase in traders' inventories, some enterprises were affected by the prospect of corn, and further the warehousing sentiment weakened. In terms of feed and deep processing, although the synchronization of enterprise inventory is low, and the factory has a certain operation of replenishing the warehouse, however, due to the high level of grain source to the factory, it is not difficult for enterprises to purchase grain, the inventory is relatively safe, and the sentiment of price according to the car is higher!
In Shandong, deep processing corn morning to the factory 1216 cars, an increase of 266 cars than yesterday, the arrival of sufficient goods in front of the enterprise, Shandong mainstream enterprises dropped the price obviously!
In Zou Cheng Xilai, down 0.7 points, the strike price at 1.168 yuan, Zouping Xiwang down 0.3 points, the strike price at 1.229 yuan, Rizhao Jinhe Boyuan down 0.5 points, the strike price at 1.212 yuan, Yucheng Bowling Bao down 0.6 points, Binzhou Jinhui down 0.4 points, Zaozhuang Hengren down 0.2 points, Dazecheng Biology down 0.2 points, Yishui Qingyuan down 0.5 points, Yishui Dadi down 0.5 points, Seven Star Lemon down 0.5 points, Zhucheng Yuanfa and Xingmao down 0.2 points, Dezhou Heyang Biology and Pingyuan Fuyang, down 0.3 points. The average price of corn in Shandong is 1.179 yuan/jin, and the price of mainstream deep processing enterprises is 1.147~1.23 yuan/jin!
At present, the corn market is facing multiple pressures, the grassroots surplus grain is loose and the demand for follow-up support is limited, superimposed, in the near future, the imported corn restarted the auction, which has a certain inhibition on the market!
After all, at this stage, the operating rate of enterprises remains high, the level of raw grain consumption is high, with the continuous consumption of inventory, the market surplus grain is further reduced, and the rise of the corn market is still the general trend, but it can only be exchanged for space with time!