Analysis on the possible trend of corn price in Guannei after the Spring Festival
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Last Update: 2002-01-22
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Source: Internet
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Author: User
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Introduction: the price trend of corn after the Spring Festival is a concern for everyone Relevant analysts believe that in the period after the Spring Festival (i.e from mid February to May), corn prices in the North China Huanghuai and South China markets will rise, mainly due to the following two reasons First of all, from the middle of February to the middle of March, the corn supply of Huanghuai real estate in North China will enter a dry period, during which the local corn price will rebound, and the corn price in Shandong market, which has a large local consumption, will rise first At this stage, because most processing enterprises have corn stocks, they will not rapidly increase the purchase quantity of corn in Northeast China, and the increase of corn price in this stage will be relatively limited Secondly, from the late March to may, the corn market price in North China Huanghuai will rise significantly, while the corn market price in the southern sales area will rise synchronously At this stage, due to the fact that the commodity corn in Huanghuai area of North China has been exhausted, the region will start to purchase corn in large quantities from the northeast, and the southern market will increase the purchase of corn in the northeast at the same time, which will drive the market price of corn in the northeast In addition, as it is difficult for China to significantly increase corn imports in the first half of this year, some enterprises that originally planned to purchase imported corn will continue to use domestic corn between March and may, and will drive the growth of demand for domestic corn, which will also promote the increase of market price of corn in the market.
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