Bottomed out in April, and the wheat market "changed abruptly"......
Previously, due to the severe pressure of wheat production and marketing mismatch, by the grain reserves and local grain depots to increase the rhythm of wheat rotation and the influx of imported wheat into the market, the domestic flour purchase and sales are in the off-season, and the wheat market has been hit hard under the interweaving of many parties, and the mainstream wheat listing price has fallen to 1.3 yuan / jin, and the wheat price of some enterprises has fallen to 1.27 yuan / jin......
However, with the wheat quotation "diving", the market price stabilization mentality gradually strengthened, the purchase and sales sentiment is more cautious, with the grain storage and local wheat rotation rhythm gradually slowed down, wheat prices have a certain weak and stable strong trend, some enterprises have the operation of replenishing the warehouse on dips!
According to data analysis, on April 29, the domestic wheat listed quotations were weak and stable, and the sporadic quotations stopped falling and rose, and the specific market is as follows:
Hebei market: Longyao Jinmailang rose 10 yuan/ton, with a strike price of 1.3 yuan, and Hebei Hualong Farm rose 10 yuan, with a strike price of 1.3 yuan. The average price of wheat in Hebei is 1.295 yuan/jin, and the listed price of local milling enterprises is about 1.285~1.3 yuan/jin.
Shandong market: Heze Huarui rose 10 yuan, the execution price was 1.3 yuan/jin; Linyi Wudeli rose 20 yuan/ton, the execution price was 1.3 yuan/jin; the average price of wheat in Shandong was 1.301 yuan/jin, and the listed price of local enterprises was generally 1.28~1.34 yuan/jin;
Henan market: Kaifeng Yihai Kerry fell 30 yuan/ton, quoted at 1.305 yuan/jin, Suiping Keming starch fell 20 yuan/ton, quoted at 1.315 yuan, Henan wheat average price was 1.304 yuan/jin, local milling enterprises generally quoted at 1.275~1.325 yuan/jin;
At present, the wheat market continues to be weak and stable sideways, and some milling enterprises have the phenomenon of "making up for the rise at a low price and making up for the fall at a high price", and the market is more cautious in purchasing and selling!
On the one hand, the support of flour consumption is limited! The festival is good for consumption, and by the rise in temperature, the purchase and sale of flour is in the off-season, dealers are mainly based on low inventory, and the use of the purchase is more obvious, and the mainstream milling enterprises are under pressure from the product, and also choose a lower operating rate, the domestic small and medium-sized flour enterprises will concentrate on the operating rate of about 31.3%, the raw grain consumption of flour enterprises is insufficient, and the demand for replenishment is relatively cautious;
On the other hand, the new wheat market is approaching, the enthusiasm of the market grain depot to clear the inventory is high, the grain storage and local grain depots still have the rhythm of centralized rotation, and the wheat supply pattern is relatively loose!
However, due to the gradual reduction of surplus grain at the grassroots level, the rhythm of grain rotation in China may gradually weaken, the raw grain inventory of some milling enterprises is on the low side, it is difficult to use the new wheat on the market, and the old grain still needs to be stored in a certain place!
In terms of two-way purchase and sales, the phenomenon of wheat bidding purchase quotation premium in many places in Hebei has rebounded, and the support sentiment has improved!