In the wheat market, at present, there is only about half a month before the new wheat in the Hubei market is listed, and around mid-May, the country's wheat will gradually enter the harvest stage from south to north. After all, the trend of the price of old wheat is directly related to the positioning of the new wheat opening scale......
Previously, by the milling enterprises concentrated on the price, wheat "miserable", Shandong, Hebei and Henan wheat listed price fell to 1.27 yuan / catty, the market for the new wheat to restart the "market" acquisition concerns to strengthen, however, rationally, this year's wheat bottom purchase price in 1.18 yuan / catty, restart the bottom of the purchase is not likely, new wheat will still be dominated by market purchases, personal estimates, the opening price or will be around 1.23 ~ 1.25 yuan / catty!
It is understood that the previous wheat spot fell more than expected, mainly due to the performance of supply and demand showing a phased mismatch between production and marketing!
On the demand side, affected by the weather and consumption habits, flour purchase and sales are in the off-season, the downstream flour is bleak, the dealers are not highly motivated to replenish, the market is mainly based on low inventory, and the demand support is insufficient, the mentality of milling enterprises to reduce prices and goods has become stronger, the operating rate is low, the consumption capacity of raw materials has also decreased significantly, the mainstream milling enterprises wheat and flour maintain low inventory performance, poor raw material consumption, poor procurement mentality!
At the same time, due to the approaching cycle of new wheat listing, the grain storage and grain depots at all levels have also increased the rhythm of the old wheat rotation, but due to the poor purchase and sale of flour and the lack of capacity of milling enterprises, there has been a large-scale unsold phenomenon in the grain storage wheat rotation!
However, after a short period of wheat fell sharply, with the gradual weakening of the rhythm of grain storage rotation, the phenomenon of wheat bidding procurement gradually increased, and the market sentiment gradually improved, in particular, the bidding purchase transaction price of grain storage wheat was generally around 2600 yuan / ton, the market for the new wheat scale price is expected to gradually determine, the price of old wheat is limited, in the short term, the market may enter the stage of weak and stable shock!
According to data analysis, affected by market price adjustment, on April 25, in Shandong, Hebei and Henan, mainstream milling enterprises, wheat listed quotations stabilized, sporadic quotations rose, and some enterprises still had wheat quotations to make up for the fall, with a decline of up to 40 yuan/ton!
Hebei market: Daimyo Wudeli fell 0.5 points, the execution price was 1.29 yuan/jin, the mainstream wheat price in Hebei was 1.29~1.3 yuan/jin, and the price of some enterprises was still maintained at about 1.33 yuan/jin!
Shandong market: Heze Huarui fell 1 point, quoted at 1.3 yuan, Yishui Qingyuan fell 40 yuan/ton, the execution price was 1.305 yuan, the average price of wheat in Shandong was 1.301 yuan/jin, and the mainstream milling enterprises quoted at 1.28~1.34 yuan/jin;
Henan market: Anyang Hualong Farm, the listed price of wheat fell by 40 yuan/ton, and the execution price was 1.29 yuan; the price of grain and oil in Lankao fell by 40 yuan, and the execution price was 1.22 yuan/jin; the average price of wheat in Henan was 1.308 yuan, and the quotation of mainstream enterprises was 1.275~1.335 yuan/jin;
Anhui, Jiangsu and other places, in Jiangsu Huasheng flour quotation fell 10 yuan, the execution price was 1.32 yuan / jin, Anhui Zhengyu rose 10 yuan, the execution price was 1.32 yuan / jin, the mainstream wheat listing price was 1.31 ~ 1.335 yuan / jin!
Personally, I believe that after the sharp decline in wheat, the price or will enter the stage of bottoming, the new wheat gradually into the trend of merging, due to the relatively strong price of wheat purchased in grain reserves, the price of local wheat procurement in many places in Shandong for 24 years is about 1.31 yuan / catty, the price of new wheat is expected to gradually become stronger, the space for the decline of old wheat is limited, and the market is concerned about the impact of the weather on the production of new wheat!
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