At the end of April, this month, the wheat market even hit a new low, by the policy wheat to increase the level of rotation, domestic imported wheat poured into the market, and the demand performance is relatively single, the flour purchase and sales of milling enterprises are not smooth, the bran is blocked, the wheat spot is facing the pressure of strong supply and weak demand in stages, the policy wheat auction surges, the new wheat listing cycle is approaching, the market sentiment is pessimistic, and the wheat shows a "diving" downward trend!
A few days ago, Shandong, Hebei and Henan, the mainstream wheat producing areas, the listed price of milling enterprises generally fell to 1.3 yuan, the price of sporadic enterprises fell to 1.27 yuan, the average price of domestic two-way wheat purchase and sale transactions also continued to fall, some 24-year wheat pre-purchase quotation fell to 1.29 yuan / catty, the market for the new wheat scale price is expected to continue to fall, and some companies are even worried that the price of wheat will be restarted this year......
However, in the past two days, the wheat market has stabilized, and sporadic quotations have risen. According to official sources, based on the recent situation of the wheat market and the demand for regulation, there are still 3 big news in the corn market!
First, the temporary storage of wheat will be stopped in early May! Although the temporary storage of wheat is concentrated in Xinjiang, which has little impact on the domestic market, based on the situation of the wheat market, the official issued a notice to stop shooting, which has certain support for market sentiment;
Second, affected by the market situation, the official temporary storage of wheat to stop shooting, institutions generally believe that the new wheat is about to be listed, the grain storage and local grain depots will also be stopped one after another to "make way" for the new wheat listing!
In recent days, it has been rumored that in Hubei, affected by weather factors, wheat has seen a certain lodging phenomenon, and at the same time, the phenomenon of scab has increased, which has intensified the market's anxiety about the new wheat harvest!
Therefore, affected by the above factors, the bullish confidence in the wheat market has become stronger, and some milling enterprises have a certain amount of operation to buy the bottom and replenish the warehouse, and the spot wheat quotation has stopped falling and rising!
According to data analysis, today is April 30, the mainstream winter wheat producing areas, wheat listed quotations show a stable and strong trend, the specific market is as follows:
Shandong: Jining Lisheng rose 0.5 cents to 1.31 yuan, Dezhou developed flour west area rose 0.5 cents, quoted at 1.29 yuan, Shuanglong milling rose 1.5 cents, quoted at 1.3 yuan, Huatong noodle industry rose 1 point, quoted at 1.295 yuan/jin, Heze Huarui rose 1.5 points, quoted at 1.315 yuan/jin, Qingdao Jinxiyan rose 1 point, quoted at 1.32 yuan, Shanxian Feixiang fell 2 points, quoted at 1.3 yuan. In Shandong, the average listed price of wheat is 1.303 yuan/jin, and the quotation of local milling enterprises is generally about 1.28~1.35 yuan/jin!
Hebei market: Jinsha Henan rose 2 points, quoted at 1.31 yuan, Jinsha River Shahe rose 2 points, quoted at 1.31 yuan, Hebei Hualong Farm rose 1 point, quoted at 1.31 yuan, Hebei wheat average price was 1.304 yuan/jin, mainstream enterprises quoted at 1.285~1.33 yuan/jin!
Henan market: the listed price of wheat has generally stabilized, the average price of local milling enterprises is 1.304 yuan, and the quotation of mainstream enterprises is about 1.28~1.32 yuan/catty!
Personally, I believe that as the new wheat listing cycle is approaching, the trend of the suspension of grain storage and temporary storage wheat rotation may gradually appear, superimposed, the weather in the producing area is changeable, the new wheat production situation may be affected to a certain extent, the enthusiasm of the old grain wheat just need to replenish the warehouse or will be enhanced, the spot wheat market or will show a weak, stable and strong trend, the market will pay attention to the impact of policy wheat auctions and weather on wheat in the production area!
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