Entering the second half of April, the May Day holiday is imminent, and the wheat market did not wait for the festival to be cashed in, but ushered in a stormy moment......
In the past few days, wheat prices have fallen darkly, winter wheat producing areas, mainstream milling enterprises listed quotations downward, sporadic flour mill quotations fell to 1.27 yuan / catty, mainstream wheat quotations fell to about 1.3 yuan / catty......
Such a sluggish market, which also makes the market worried about the price of new wheat scales, some institutions even pessimistic that this year new wheat or will restart the "market" acquisition, then, how will the market develop?
Judging from the market feedback, after the storm, the wheat market "painting style mutation", the price gradually entered the stage of weak and stable adjustment, the price range of milling enterprises has been significantly reduced, and the quotation of many ground flour mills is mainly based on high prices, the mainstream wheat producing areas in the country, the wheat spot price is about 1.27~1.35 yuan/jin, and the average price is about 1.306 yuan/jin!
At present, the two-way purchase and sale of wheat in the grain storage continues to advance, the bidding purchase of 24 years of wheat, from the transaction performance, the average price of wheat bidding purchase of grain storage Shandong Company is 2636.44 yuan/ton, and the average price of grain storage Lanzhou Company is 2747.5 yuan/ton.
In terms of wheat procurement in local grain depots, Zaozhuang in Shandong Province purchased 2,200 tons of wheat after rain, with a reserve price of 2,620 yuan/ton, and in Funing and Nantong areas in Jiangsu, the average price of wheat bidding purchase was 2,578~2,611 yuan/ton......
Because the bidding purchase of wheat is the bulk grain to the warehouse price, and the quality of the grain source is more stringent, therefore, the market estimates the opening price of early-maturing new wheat in Hubei at about 1.23~1.25 yuan/jin, and the purchase price of wheat in 2024 is 1.18 yuan/jin, therefore, rationally, this year's wheat harvest will still not start the plan of wheat purchase in the city, and the purchase and sale of wheat will still be market-oriented!
Now, after a short sharp decline in wheat prices, the market has a weak and stable situation, the phenomenon of corporate price reduction has gradually weakened, and the market may usher in a repair-style market.
On the one hand, the rhythm of grain storage wheat rotation may slow down, and the two-way purchase and sale of wheat in the grain depot will increase, among which, in the bidding purchase of 24-year-old wheat, the mainstream price to the warehouse is around 2600 yuan/ton, which also provides support for the new wheat opening scale price;
On the other hand, the grassroots surplus grain is gradually decreasing, the channel inventory is gradually consumed, and the raw grain inventory level of milling enterprises is low, and the market still needs high-quality wheat.
Of course, the stage of wheat production areas, soil moisture preference, wheat harvest is expected to be strong, which inhibits the market's expectations for the new wheat opening scale, however, because there is still more than a month from the new wheat concentrated listing, from Hubei early wheat listing there is still more than half a month, the weather for the new wheat is still uncertain, the market still needs to pay attention to the weather on the impact of the new wheat production changes, rationally, the price of old wheat is limited, the market or will gradually enter the cycle of new and old merger!
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