April is coming to an end, recently, the corn market continues to fall more than the trend, the Northeast market continues to be weak and stable, the Shandong market is supported by the volume, the quotation falls frequently, the price of deep processing corn in many places is not as good as the Northeast market, and the phenomenon of corn production and marketing prices "upside down" is becoming more and more obvious!
At present, the trend of corn in Northeast China is mainly affected by sentiment, after all, the surplus grain at the grassroots level has bottomed out, and the grain source has been transferred to traders, and the change in traders' sentiment has affected the performance of corn. Due to the continuous increase in local corn reserves, the mainstream traders' corn storage costs are high, the mentality of reluctance to sell still exists, and the consumption follow-up performance is poor.
In the North China market, the impact of corn trend is still affected by the amount of grain sources at the grassroots level, a few days ago, by the increase in precipitation in many places in North China, corn storage is not easy, traders accumulate the pressure of the warehouse, the supply of grain is concentrated, the arrival of enterprises in front of the door to maintain a high level, and the downstream products of deep processing enterprises are not smooth, the operating rate has declined, the corn consumption capacity has weakened, and the market performance is slightly deviated!
However, from a rational point of view, at present, in Shandong and Northeast China, the progress of corn grain sales has basically reached more than 8~9 percent, the surplus grain has basically bottomed out, the risk of corn selling pressure in Shandong has gradually weakened, the rhythm of grain supply will gradually decrease, and the space for corn to fall again is limited!
Judging from the market feedback, on April 25, corn "changed its face overnight", the decline gradually narrowed, the amount of enterprises in Shandong was further reduced, and the corn inflection point is coming.
Northeast market: the corn quotation of deep processing enterprises generally stabilized, among them, Hailun Guotou fell 0.25 points, the average price of black Jiliao and Inner Mongolia corn was 1.111 yuan / jin, and the local deep processing listed price was 1.046 ~ 1.185 yuan / jin, and the market sideways trend was more obvious!
Shandong market: 856 vehicles arrived in front of the factory in the morning of deep processing enterprises, a decrease of 273 vehicles compared with yesterday, the level of corn has gradually decreased, and the price range of local enterprises has declined!
Among them, Yucheng Bowling Bao fell 0.3 points, quoted at 1.133 yuan, Zhucheng Yuanfa fell 0.2 points, quoted at 1.151 yuan, Zouping Ronghai fell 0.5 points, quoted at 1.17 yuan, Shandong Luzhou fell 0.5 points, quoted at 1.11 yuan, Dezhou Heyang Biotechnology fell 0.4 points, quoted at 1.131 yuan, Pingyuan Fuyang fell 0.5 points, quoted at 1.128 yuan, Baofeng Biotechnology fell 0.7 points, quoted at 1.12 yuan, Dongping Xiangrui fell 0.5 points, quoted at 1.11 yuan.
In Shandong, the average price of corn listed in deep processing enterprises is 1.137 yuan/jin, the corn price of mainstream enterprises is 1.1~1.24 yuan/jin, and the price of most enterprises is about 1.12~1.16 yuan/jin!
According to the analysis of the institution, in the North China market, recently, by the decline in raw material prices, the corn market has fallen sharply, superimposed, the competitive pressure of deep processing enterprises is greater, the difficulty of product delivery increases, and there is a severe mismatch between production and marketing in the market, corn starch prices continue to fall, among them, in Shandong, Shouguang golden corn, deep processing corn quotation and starch quotation decline synchronization, starch quotation fell to 2910 ~ 2930 yuan / ton......
From the perspective of enterprise demand, recently, the average operating rate of domestic mainstream corn processing enterprises was 65.76%, a decrease of 5.24 percentage points from the previous week. Superimposed, deep processing in many places has entered the stage of shutdown and maintenance, and the level of corn consumption has declined!
On the supply side, although, the grassroots surplus grain gradually decreased, the risk of corn selling pressure weakened, but, due to the channel inventory is sufficient, the operating rate of enterprises has declined, superimposed, North China and the Huanghuai region, summer grain wheat harvest is only more than a month left, some traders still have the operation of Tengku corn, in the short term, the North China market, the corn supply pattern is still relatively loose, although the spot corn has limited room to fall, however, the market has risen completely, still facing multiple pressures, and the inflection point of corn still needs to wait for the corn before the wheat harvest after the concentration of Tengku......
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