Analysis of corn price fluctuation
-
Last Update: 2002-04-24
-
Source: Internet
-
Author: User
Search more information of high quality chemicals, good prices and reliable suppliers, visit
www.echemi.com
Introduction: in March, the price of corn in most regions of China was on the rise, but the rise was relatively small, generally oscillating in the rise of about 10 yuan / ton By the beginning of April, the price of corn in Northern Jiangsu was higher than that in mid March For example, the price of corn in Lianyungang was increased by 3.2% to 940-1000 yuan / ton The price of corn in Jilin was increased by about 10 yuan / ton to 950-970 yuan / ton As of the week of April 8, the price of corn in most regions of China was basically the same as that in the same period last week For example, the price of corn in Shandong, Dalian, Henan, Anhui, Guangdong and other regions was 1000 yuan / ton, 1030 yuan / ton, 1000 yuan / ton, 1080 yuan / ton, 1120 yuan / ton, all of which were the same as that in last week However, the price of corn in some regions began to decline, for example, the price of corn in Hubei was 1 100 yuan / ton, down 20 yuan / ton compared with last week; Sichuan also dropped 20 yuan / ton, to 1140 yuan / ton The price of corn in Jilin area is different from that in Guannei, not down, but up At present, the purchase price of 0.43 yuan / 500g has not been collected, but it has not reached 0.44 yuan / 500g The price of first-class corn in Jilin has risen to 990 yuan / ton Local producers believe that the price of first-class corn in Jilin may break through 1000 yuan / ton At present, a large number of Jilin corn has been transferred to Dalian port, and it is said that most of the corn is exported from Jilin grain All of this shows that, due to the exemption of railway construction fund and the reduction of freight, a large number of merchants from outside the customs have been attracted to the northeast to purchase corn, and the demand has increased, thus driving up the price of corn In the early stage, corn price has been rising slightly, especially in Northeast China, which is obviously higher than that in the market area At present, corn price has a support point For example, the support point of flat price in Dalian is between 1020-1030 yuan / ton, and that in Huangpu port is about 1120-1130 yuan / ton, with small fluctuation space The main reasons for supporting the rise of corn price are as follows: first, feed enterprises have begun to increase the purchase of raw materials in recent warm weather, especially the water content of corn in Northeast China has reached about 14%, so the demand of all regions has increased Second, this year's corn export increased month by month For example, 229600 tons of corn were exported in January and 770000 tons in February Some traders predict that China will probably export 6.5 million tons of corn in 2002, compared with 6 million tons last year
This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only.
This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of
the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed
description of the concern or complaint, to
service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content
will be removed immediately.