Analysis of corn market in the near future
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Last Update: 2002-01-21
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Source: Internet
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Author: User
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Introduction: at the beginning of January 2002, the price of domestic corn market was at a new low: the price of Jilin car plate dropped to 940 yuan / ton, 920 yuan / ton in Shandong, 990 yuan / ton in Hebei, 1040 yuan / ton in Jiangxi and 850 yuan / ton in Tianjin Compared with the previous period, the national market price dropped to a certain extent, but recently the price has stopped falling and stabilized The main reasons are as follows: 1 Except the northeast and Shaanxi have not yet liberalized the corn market, other regions have all liberalized This year, the average purchase price of new corn is generally at a low level, and the state-owned grain sector has to reduce prices, promote sales and reduce inventory 2 The enthusiasm of feed and breeding enterprises to purchase corn is still not high The low price of corn market makes the state-owned grain sector lack confidence in the future price trend of corn, forcing it to lower the price of corn out of warehouse in the near future 3 Some big corn consuming provinces (cities) in the southern coastal areas import low-priced corn from abroad, and their dependence on corn in the north of China is weakening day by day, which also causes a large amount of corn overstock in the production areas 4 After China's accession to the WTO, the government will cancel the export subsidy of corn, which will affect the export On the contrary, it is inevitable to import corn with good quality and low price from abroad Prices in the domestic market will be hit again 5 At present, many feed enterprises rely too much on imports, resulting in their own inventory to the lowest point, and the import quota can only arrive at Hong Kong in May as soon as possible, which may lead to phased shortage phenomenon and price rise 6 The price of corn in the international market has risen due to the expected decline of corn production in the United States The short-term positive effect of the international market will play a psychological support for China's corn market To sum up, after a long period of decline and consolidation, the purchase and sales prices of domestic corn in some regions have shown a trend of stabilizing recently, and corn prices are likely to rise in stages in the first half of the year At present, the price of Tianjin corn market is low and the turnover is not large The trend in the later period will be stable Lxy (author:) to feed Weibo to:
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