I never thought that the madness of North China traders is "incredible", and the volume of vehicles in the morning of deep processing in Shandong is as high as about 1,500 units.
It can be seen that the pessimism of traders is like a virus, infecting each other, if there is no forcible intervention or isolation, the market will continue to fall, has been lower than the price of the Northeast port, when will the "farce" of the decline stop?
On the other hand, in the Northeast market, the rebound of corn futures is still ineffective, accompanied by deep processing has also begun to fall frequently, but the range of price can only be carried out in the form of small steps.
Hello friends, today is April 24, 2024, wheat and corn are like a pair of difficult brothers, everyone supports each other and takes the initiative to jump into the pit together, why do you use such an expression. The fundamental reason is that the confidence of the market has been beaten by the falling market and is not fully resistant.
It's not that the market has no demand, but that sentiment has "masked" demand. When an entity is defeated by the market, all it sees is pessimism and failure, and on the contrary, all it sees is hope.
At this time, there was a "bright" point in the market, that is, the corn in Henan began to rebound, and the purchase price of deep processing began to improve.
First, the storage of corn in Henan has played a buffering action for the local supply pressure, in order to support the market from falling again.
Second, the "broken" corn in Henan, in the absence of exports, in the case of traders losing confidence in the rapid transfer, Shandong deep processing in the past few days to the car volume is mainly in Henan.
To sum up, the superposition of the two factors has made the pressure in Henan unleashed, which has led to a rebound in prices. It can be seen that the effect of corn storage is playing a positive role.
Next, will there be a miracle in the national corn market?
Yesterday, Xiaobian stated in the article: the directional auction of imported corn is about to start, and the reserve price is 2,100 yuan, and such an operation will make the original "fragile" market even worse, because this auction must be implemented, and there is no external force to stop it.
At this time, the "grapevine" in the market is very likely to change the market, and it is rumored that Fa Ge wants to increase the intensity of reserves, how much strength? 5 million tons.
The magnitude of the purchase and storage is 5 million tons, which is equivalent to offsetting the auction of 10 million tons of imported corn, and then the purchase price is raised, and another 5 million tons of imported corn are purchased. For the short-term market, it is a very significant positive.
But we have to understand one thing, the purpose of people raising the price is to sell the imported corn in their hands, and the auction price is too low and is not recognized, so it is equivalent to an equivalent "replacement".
This trail is not the other avenue, there is no official document all as rumors, what is the magnitude, to be verified by the market. Because it was said that it was 4 million tons, no one could give the right answer until the end, so please don't spread the rumors.
If the news is true, it will perfectly achieve "killing two birds with one stone" - traders with grain in their hands will sell at a high price, and at the same time imported corn will also sell at a high price, in other words: the price will be raised to destock, and it will be happy. And the price of wheat will also be pulled up, so will those who have wheat still be anxious? (personal opinion, for reference only, does not mean correct, all nonsense)
The latest corn prices in the country on April 24, 2024
Henan Jin Yufeng: 1.135 yuan, down 5%.
Shanxi Changqingyuan: 1.37 yuan below 17 moisture, 1.127 yuan above 17 moisture.
Shanxi Huairen directly under the library: the first class 2360 yuan, the second class 2340 yuan, the third class 2320 yuan, up 20 yuan.
Hebei Yufeng Group: 1.132 yuan in the first district, 1.134 yuan in the second and fourth districts, down 3%.
Shandong Rice Energy Biology: 1.13 yuan, down 5 cents.
Shandong Yishui land: 1.14 yuan, down 5 cents.
山东七星柠檬：1.158元，落1分。
Shandong Fuyang Biological: 1.144 yuan, down 3 percent.
Shandong Heyang Biological: 1.147 yuan, down 3%.
Shandong Jinhe Boyuan: 1.171 yuan, down 5%.
Shandong Baolingbao Biological: 1.139 yuan, down 6 percent.
Shandong (Chenming) Shouguang: 1.15 yuan, down 5 percent.
Shandong Weifang Shengtai Pharmaceutical: 1.143 yuan, down 5%.
Shandong Ronghai grain: 1.18 yuan within 28 moisture, 5 centi.
Shandong Hengren Industry and Trade: 1.12 yuan, Shao Tuanku 1.12 yuan, down 1 point.
Shandong Luzhou Group: The circulating price is 1.13 yuan, 1.12 yuan below 20 tons, down 5%.
Shandong Fukuan Biological: 1.127 yuan, down 3%. The first drop price.
Shandong Fukuan Biological: 1.122 yuan, down 5%. The second drop price. A total of 8 percent.
Shandong Linqing De Golden Corn: 1.122 yuan, down 3 percent. The first drop price.
Shandong Linqing De Golden Corn: 1.12 yuan, 2 cents. The second drop price. A total of 5 cents.
Shandong Xiangrui Pharmaceutical: 14~19 moisture 1.122 yuan, 19 moisture above 1.112 yuan, 6 percent.
Shandong Binzhou Jinhui corn: 1.125 yuan within 18 moisture, 1.12 yuan above 18 moisture, 5 percent.
Shandong Luzhou Group: The natural dry cycle price is 1.135 yuan, and the circulation price below 20 tons is 1.125 yuan, down 5%.
Shandong Chengwu land: 1.1 yuan below 20 moisture, 1.09 yuan for 20~25 moisture, 1.065 yuan above 25 moisture, 2 centi. The first drop price.
Shandong Chengwu land: 1.095 yuan below 20 moisture, 1.085 yuan for 20~25 moisture, 1.06 yuan above 25 moisture, 5 percent, the second price. A total of 7 percent.
Shandong Dazecheng Biology: 1.105 yuan below 20 moisture, 1.095 yuan for 20~25 moisture, 1.075 yuan above 25 moisture, 2 centi. The first drop price.
Shandong Dazecheng Biological: 1.1 yuan below 20 moisture, 1.09 yuan for 20~25 moisture, 1.07 yuan above 25 moisture, 5 centi. The second drop price. A total of 7 percent.
Liaoning Tieling State Investment: 2,290 yuan for the second class, 2,270 yuan for the third class, and 10 yuan.
Jilin Elm COFCO: 14 water second class 2220 yuan, third class 2200 yuan, 10 yuan.
Heilongjiang Bei'an Xiangyu: 1.11 yuan, down 5 cents.
Heilongjiang Suihua Haotian: 14 moisture 1.1125 yuan, 30 moisture 0.8989 yuan, 2.5 centi.
Heilongjiang Zhaodong Chengfu: third-class 14 moisture 1.1425 yuan, fourth-class 14 moisture 1.1325 yuan, third-class 15 moisture 1.1288 yuan, fourth-class 15 moisture 1.1189 yuan, falling 2.5 cents.