fell, wheat fell "boom......
After the Qingming Festival, the wheat market continued the downward trend, the stage, the market purchase and sales are relatively deserted, channels and traders actively clear the warehouse, the operating rate of flour enterprises is low, the replenishment is mainly based on the use of picking, the market is filled with pessimistic sentiment, and the spot quotation frequently declines.
From the perspective of by-products of mainstream milling enterprises, at present, the mainstream bran quotation of Wudeli in Hebei is 1360~1420 yuan/ton, the quotation of Shandong Wudeli is 1400~1420 yuan/ton, and the quotation of Henan Wudeli is 1420~1480 yuan/ton!
The bran market is sluggish, affected by the weak corn market and the soybean meal market, the purchase and sale of bran is relatively cold, the profitability of corporate by-products is worrying, the loss pressure is greater, and the mainstream flour enterprises maintain low performance!
In terms of flour purchase and sales, due to the gradual rise in temperature and the gradual warming of the weather, flour consumption is in the cyclical off-season, the residents' hoarding sentiment is not high, the inventory of milling enterprises is not smooth, and the enterprises maintain the status quo of low inventory, the consumption of raw grain is reduced, and the mentality of replenishing wheat has deteriorated!
In terms of wheat supply, recently, the grassroots surplus grain bottomed out, channel inventory consumption, and the policy wheat rotation is more active, this week in the middle of the grain storage rotation of corn or will exceed 560,000 tons. Judging from the market feedback, due to the lack of consumption, the popularity of wheat rotation bidding has fallen, and the phenomenon of unsold auctions has increased significantly!
Among them, on April 7, Shandong sold 9,523 tons of wheat in 20~21 years, with a turnover rate of only 31%; China Grain Reserves Lanzhou sold 22,700 tons of wheat in 19 years, with a turnover rate of only 26%......
According to this analysis, due to the poor sales of flour, the difficulty of bran shipment, the lack of consumption support, superposition, the centralized listing of grain reserves has entered the peak, the supply of wheat is strong and the demand is weak, and the market quotation shows a downward trend!
According to market feedback, on April 8, in the mainstream winter wheat producing areas in China, Shandong, Hebei and Henan, wheat spot prices fell widely, and as many as 20 enterprises fell in 72 milling enterprises in key monitoring, and the specific market is as follows:
Shandong market: Qingdao Wudeli, Fenghua Flour, Heze Huarui, Shanxian Feixiang, Heze Tianbang, Huatong Flour and Linyi Wudeli, the listed price of wheat fell by 0.3~1 points, the average price of wheat in Shandong fell to 1.361 yuan/jin, and the mainstream price was 1.345~1.385 yuan/jin;
Hebei market: Xiongxian good noodles, Daming Wudeli, Jinsha Henan and Shahe, Baixiang good noodles, wheat listed prices fell 0.2~0.5 points. The average price of wheat in Hebei is 1.361 yuan/jin, and the quotation of mainstream enterprises is 1.355~1.37 yuan/jin;
Henan market: Suiping Keming, Kaifeng Yihai Kerry, Anyang Yihai Kerry, Henan Lisheng, Xinxiang Sifeng, wheat mainstream quotations fell 0.5~1 cents/jin, the average price of wheat in Henan was 1.368 yuan/jin, and the quotations of mainstream enterprises fell to 1.343~1.385 yuan/jin;
Personally, I believe that by the phased supply and demand adjustment, the wheat market will still be dominated by shocks and downward movements, however, due to the low inventory of enterprises, and after the new grain is listed, milling enterprises still need to be used with old wheat, therefore, with the continuous consumption of old grain wheat inventory, the rhythm of policy wheat concentrated rotation has slowed down, and the wheat market in the future market still has a strong opportunity, focusing on the performance of wheat rotation and the premium!
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