April is coming to an end, in recent days, the wheat market ushered in the "darkest moment", the domestic winter wheat producing areas, the mainstream head milling enterprises took the lead in reducing prices, wheat prices were hit hard, the price center of gravity showed a precipitous downward trend, just a few days, some enterprises wheat price fell by 3~4 cents / catty, wheat "fell sharply"......
At present, the wheat market is facing a severe demand test!
By the north and south regions, the temperature has risen significantly, after the valley rain solar term, the precipitation in many places has gradually increased, the humid environment is not conducive to flour storage, the risk of re-damp mildew is higher, at this stage, the domestic mainstream wheat producing areas, milling enterprises flour goods are sluggish, downstream dealers procurement enthusiasm has decreased sharply, due to poor family consumption support, catering and dine-in consumption increment is limited, traders are mainly based on inventory, and the mentality of cautious hoarding is strong, which also causes the products of milling enterprises to be unsmooth, the inventory risk increases, and some flour mills passively reduce prices to promote, which further exacerbates the sentiment of enterprises to reduce prices and collect grain！
In terms of mixed bran, at present, the ex-factory price of mixed bran in domestic mainstream milling enterprises is about 1400 yuan/ton, and the difficulty of mixed bran delivery still exists. In particular, recently, the price of corn is low, in North China, the spot price of corn fell to about 1.1 ~ 1.15 yuan / catty, the phenomenon of mixed bran substitution consumption is common, superimposed, soybean meal market trend declined, which also inhibits the demand for downstream feed enterprises to replenish, and further exacerbates the pressure of loss of flour mills!
Therefore, due to the lack of demand support, the flour mills are under great pressure to lose money! Enterprises maintain a low operating rate, and the consumption capacity of raw grain is not good! In terms of wheat supply, milling enterprises have more ways to purchase grain and have a stronger right to speak!
On the one hand, the domestic grassroots surplus grain and channel surplus grain have been cleared at an accelerated pace, traders have a strong pessimistic mentality, and the phenomenon of subscribing to and selling warehouses has increased;
On the other hand, the cost of imported wheat is low, the scale of domestic wheat imports is high, wheat imports in March were about 1.78 million tons, a year-on-year increase of about 34.2%, and imported wheat flowed into the market, further increasing the way of wheat supply;
Superimposed, the new crop wheat harvest is expected to be higher, Hubei wheat harvest is only less than 1 month, the domestic grain storage and local grain depots wheat raw grain inventory pressure is greater, the rhythm of rotation has entered the peak, in particular, the demand for a long-term downturn, the grain storage wheat rotation turnover rate is weak, and the supply pressure is difficult to alleviate, which further exacerbates the pessimistic mentality of the market!
Judging from the latest feedback, today is April 23, the domestic mainstream winter wheat producing areas, milling enterprises wheat listed prices update, the specific market is as follows:
Shandong: Fenghua Flour Industry rose 1 point at 1.33 yuan, Luhua Flour Industry fell 1 point at 1.325 yuan, Heze Tianbang fell 1 point at 1.28 yuan, Qingdao Wudeli fell 1.5 points at 1.32 yuan, developed flour West District fell 0.5 points at 1.28 yuan, Linyi Wudeli fell 1 point at 1.31 yuan, Shandong wheat average price at 1.308 yuan / catty, some enterprises fell to 1.28 yuan, mainstream enterprises at 1.285~about 1.34 yuan/jin;
Hebei market: Hebei Hualong Farm fell 0.5 points, the execution price was 1.295 yuan/jin, the average price of mainstream wheat in Hebei was 1.297 yuan/jin, and the listed price of milling enterprises was 1.29~1.335 yuan/jin;
Henan market: Xinxiang Sifeng fell 3.5 points, quoted at 1.3 yuan, Suiping Wudeli fell 1 point, quoted at 1.315 yuan, Keming starch fell 0.7 points, quoted at 1.325 yuan, Xinxiang Wudeli fell 0.5 points, quoted at 1.318 yuan, Xinxiang Keming starch fell 1 point, quoted at 1.33 yuan, Lankao Shenren grain oil fell 6 points, quoted at 1.24 yuan, Shangqiu Wudeli fell 0.8 points, quoted at 1.307 yuan/jin! The average price of wheat in Henan was 1.313 yuan/ Jin, the mainstream enterprise quotation is 1.275~1.335 yuan / jin!
Personally, in a short period of time, wheat prices show a trend of more than expected decline, which is bound to overdraft the market wheat falling space, wheat unilateral decline or will enter the end, the next 3 ~ 5 days, the market is not lacking in the repair of the market, the price has stopped falling and warmed up!
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