At the beginning of May, in the past two days, the wheat market has been guided by policies, and milling companies have piled up to raise prices and grab grain, and wheat prices have risen sharply!
Affected by the rise in wheat prices, North China and the Huanghuai market, the confidence of the main body of corn grain holding has become stronger, the surplus grain of grassroots farmers has decreased, the mentality of low-price subscription has weakened, and the inventory of channel merchants is higher, but the mentality of reluctance to sell at a high price has heated up, the supply of corn circulation links has gradually shrunk, and the price of spot corn has stopped falling and rising!
According to data analysis, on May 1, the corn quotation of domestic deep processing enterprises was updated, and it rose, and the price of corn "rose sharply", and the quotation of enterprises in many places in Shandong rose.
According to data analysis, in the corn market in the domestic producing areas, on May 1, the Northeast corn spot continued to be stable, and the corn quotation in North China showed an upward trend, and the specific market is as follows:
Northeast market: the spot price of deep-processed corn is stable, the average price of corn in Heijiliao and Inner Mongolia is 1.108 yuan/jin, the listed price of local enterprises is about 0.9~1.185 yuan/jin, and the mainstream deep-processed dry food quotation is about 1.046~1.16 yuan/jin in Heijiliao!
Shandong market: 313 cars arrived in front of the door of deep processing enterprises in the morning, the amount of enterprises is small, the main body of grain is reluctant to sell and become stronger, deep processing rolling replenishment, the mentality of looking at the car price is strong, and the price of corn in Shandong has risen steadily!
Among them, Boxing Xiangchi Jianyuan rose 10 yuan/ton, quoted at 1.125 yuan/jin, Linqing gold corn rose 16 yuan/ton, quoted at 1.105 yuan/jin, Changle Yingxuan rose 10 yuan, 1.18 yuan/jin, Linqu Liuhe rose 10 yuan, 1.15 yuan/jin, Weifang Tianli rose 10 yuan, 1.133 yuan/jin, Zouping Xiwang rose 10 yuan/ton, 1.175 yuan/ Jin; Zhucheng Yuanfa rose 10 yuan, 1.133 yuan; Zhucheng Xingmao rose 10 yuan, 1.14 yuan; Leling Zhonggu rose 10 yuan, 1.125 yuan/jin; Shouguang golden corn rose 10 yuan, 1.133 yuan/jin; Chenming starch rose 10 yuan, 1.133 yuan; Huayi Ronghai rose 10 yuan, 1.155 yuan/jin!
In Shandong, the average listed price of deep-processed corn is 1.121 yuan/jin, the listed price of local enterprises is generally 1.095~1.23 yuan/jin, and the quotation of most enterprises is about 1.1~1.16 yuan/jin!
At present, the corn spot is showing a stable and strong trend, but the market is still facing pressure from many parties!
On the one hand, in the northeast region, due to the high channel inventory, although, supported by the cost of warehousing and the increase in grain reserves, the bottom support of corn prices is strong, and the supply of circulation links is small, but due to the lack of rigid demand of enterprises, the inventory level is abundant, in the short term, the market will still be weak and stable, however, due to the factor of grain source price difference, the difficulty of channel accumulation increases, and the market prospect may be weak!
On the other hand, in the North China market, the grassroots surplus grain is gradually consumed, and the price of wheat has risen, and the main body of grain holding has a bullish sentiment, but due to the strong expectation of new wheat production, the rise in wheat may be difficult to sustain, and the corn market will still return to the fundamentals of purchase and sales!
Therefore, based on many factors in the market, the inflection point of the corn market has not yet been obvious, in the short term, the market may be affected by the volume to maintain a low-level shock trend, and the price will still be in the stage of "grinding the bottom". However, in the medium and long term, with the gradual consumption of surplus grain in the market and the gradual tightening of the supply pattern, the price trend will gradually become clearer!