fell, wheat "fell miserably", fell widely......
After all, the pre-holiday downstream traders replenished the stock short-lived, and the increase in the operating rate of enterprises was also a "dragonfly little water", with the weakening of the festival, the decline in wheat was a matter of course.
At present, less than one and a half months from the wheat harvest in Hubei Province, it stands to reason that wheat has entered the green and yellow time, but the price has weakened frequently, which shows that the market supply and demand pattern has a worrying situation.
On the demand side, due to the existence of a certain price difference between wheat and corn, the cost performance of wheat starch has deteriorated, and the factory starch is mainly replaced by corn.
Wheat returns to the status of "rations", however, due to the rise in temperature, the difficulty of flour storage has gradually increased, and it is very easy to appear the phenomenon of hardening and returning to moisture mildew, which also causes downstream traders to purchase mainly in rigid demand, mainstream traders maintain low inventory, and by the purchase and sale of flour is cold, in order to avoid the pressure of accumulation, milling enterprises also choose to reduce the operating rate and maintain low inventory, the consumption level of wheat raw grain has declined, and the enthusiasm for replenishment has gradually decreased.
In terms of by-products, due to the downturn in the corn market, domestic low-priced rice and grain flour are imported in large quantities, it is difficult for bran to be shipped, and the soybean meal market has deteriorated, which also causes the lack of support for bran, the lack of traders' mentality to receive goods, and the profits of milling enterprises are further under pressure!
Therefore, under the influence of many factors, the phenomenon of mainstream milling enterprises reducing and replenishing the warehouse and stopping the harvest of wheat has increased, and the enthusiasm for wheat purchase and sales has weakened significantly!
At the same time, in terms of wheat supply, at present, the surplus grain of grassroots farmers has bottomed out, and traders have a small amount of grain stockpiling. Recently, the rotation of wheat from grain storage in many places in Henan has increased significantly, and some directly subordinate warehouses have even appeared 100,000 tons of large orders, which has further improved the supply pattern of the market!
Some institutions believe that before the new wheat is listed, the policy wheat rotation may continue, and the grain depot will be cleared in advance for the wheat "new", and the pressure on the wheat market will not be reduced, and in the short term, the price will still maintain a downward trend!
According to the analysis of institutional data, the listed price of wheat was updated on April 7, and the listed prices of milling enterprises in Shandong, Hebei, Henan, Anhui, Jiangsu and other places, mainstream winter wheat producing areas, and milling enterprises fell widely, and the specific market is as follows:
Hebei market: Shenzhou Wudeli fell 0.5 points, the execution price was 1.355 yuan, Daming Wudeli fell 0.5 points, the quotation was 1.36 yuan, and the mainstream wheat price in Hebei was 1.355~1.37 yuan/jin, and the average price was 1.363 yuan/jin;
Shandong: Wucheng developed flour fell by 1 cent, with a strike price of 1.355 yuan, Heze Huarui fell by 0.5 cents, with a strike price of 1.38 yuan, Huatong flour industry fell by 0.2 cents, with a strike price of 1.358 yuan, Shuanglong Mill fell by 0.5 cents, with a strike price of 1.355 yuan, Shanxian Feixiang fell by 0.5 cents, with a strike price of 1.357 yuan, Heze Tianbang fell by 0.5 cents, with a strike price of 1.355 yuan, Fenghua flour fell by 0.5 cents, with a strike price of 1.39 yuan, developed flour fell by 1 point to 1.355 yuan, Linyi Wudeli fell by 1 point, with a strike price of 1.37 yuan, and Zaozhuang Yinniu fell by 0.5 points, the execution price is 1.382 yuan, the average price of wheat in Shandong is 1.362 yuan/jin, and the mainstream enterprise quotation is 1.355~1.39 yuan/jin;
Henan market: Henan Lisheng fell 1 point with a strike price of 1.348 yuan, Suiping Wudeli fell 0.5 points with a strike price of 1.365 yuan, Zhengzhou Yihai Kerry fell 1 point with a strike price of 1.36 yuan, Xinxiang Keming starch fell 1 point with a strike price of 1.37 yuan, and Henan wheat fell at 1.345~1.385 yuan / jin, with an average price of 1.368 yuan / jin!
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