At present, in the domestic corn market, the surplus grain at the grassroots level is gradually decreasing, and the risk of corn selling pressure is gradually weakening, but due to the lack of demand, the supply of spot corn is slightly loose, and the market continues to be stable and weak!
Judging from the quotation of institutional data, on April 21, it fell, and the price of corn "fell big", and in Shandong, after a short period of price increase in some enterprises, due to the easing of corn, the quotation of enterprises weakened again. In the Northeast market, the center of gravity of corn is weak, the price has a narrow downward trend, the inventory level of local channels is high, and there is a certain downward pressure on the market, the specific market is as follows:
Northeast market: Last night and this morning, the price of Beijing grain Longjiang fell 0.25 cents, the execution price was 1.1425 yuan, Longjiang Fufeng fell 0.5 points, the execution price was 1.046 yuan, Hailun Guotou fell 0.5 points, the quotation was 1.1275 yuan/jin, Heilongjiang, Jilin, and Liaoning, the average price of mainstream corn was 1.113 yuan/jin, and the deep processing price was generally 1.046~1.195 yuan/jin;
Shandong market: deep processing of corn in the morning to the factory 1090 cars, corn on the amount of more than 1000 cars again, among them, in Heze Daze into biology, Heze Chengwu land, Binzhou Jinhui, Zaozhuang Hengren, Yishui land, Zhucheng Yuanfa and Zhucheng Xingmao, enterprise quotation fell 4 ~ 6 yuan / ton, the average price of corn in Shandong is 1.156 yuan / jin, deep processing mainstream enterprises quotation at 1.123 ~ 1.18 yuan / jin, sporadic quotation stabilized at 1.255 yuan / jin;
At present, the price of corn in domestic producing areas remains volatile and lower. However, due to the increasing difficulty of corn export in the Northeast channel, some traders are worried about the transfer of corn from North China, and the subscription mentality has become stronger, and the Northeast corn may have weak pressure!
In the North China market, at present, the grassroots surplus grain is gradually decreasing, but, affected by the new round of precipitation weather, the grassroots grain sales mentality still exists, the difficulty of corn storage increases, and the traders' inventory is high, and the mentality of further warehousing is not high, the arrival of enterprises in front of the door is relaxed, and the quotation is on the market!
Therefore, based on many factors in the market, I personally believe that in the short term, the space for corn to fall again is limited, however, the market rise lacks effective support, it is expected that before the end of April and mid-to-late May, corn spot or will maintain a weak and stable situation, and the price lacks the basis for big ups and downs!
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