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Lin-storage corn auction: a total of 51.95 million tons of china's Lin-storage corn auction has reached 51.95 million tons so far this year. In terms of
provinces, Heilongjiang had the largest turnover, reaching 28.29 million tons, followed by Jilin with about 11.88 million tons, Inner Mongolia was third with 8.76 million tons, and Liaoning had the lowest volume, with less than 3 million tons.
According to the previous years of China's annual corn storage and auction quantity estimates, the total amount of the remaining near-storage corn is expected to be about 5 million tons, by region, mainly concentrated in Heilongjiang region, Jilin, Liaoning, the remaining quantity is not much, it is expected that the next auction of the two provinces will be the first to bottom out.
also means that even if the average transaction price of this year's Lin-storage corn falls, the cost of the integrated enterprise's factory will not be reduced, and may even be slightly higher than before.
In accordance with past practice, the next week's announcement of corn trading is generally released a week in advance, according to the current progress, August 27 there is an auction, the official website has not yet been published.
National corn market: local opening scale price increased by 400 yuan / ton of new work, the northeast corn is mostly in the toast to grout period, the drought in western Liaoning and the central and northern regions has not been completely lifted, the drought-stricken corn pumping period delayed, on the new production or have an impact;
, the overall growth level of new corn in China is less than usual.
the current North China and Northwest China spring corn has also started to supply the market, open scale prices are nearly 400 yuan / ton higher than the same period last year.
the spring corn harvest after a period of time to dry to reduce moisture, in the short term to fill the market demand is not very effective.
corn spot: down half a month cumulative decline of up to 150 yuan in the last half-month time, corn market changed to the arrogance of the past, the market fell continuously, the cumulative decline of 150 yuan / ton as much.
to this day there are still local areas in the reduction of corn prices, which to the factory Longjiang 2034 Linqing 2410 fell 10 Baoji 2400 to station filial piety 2440 Yichun 2540 Jinzhou Port 2340 Shekou Port 2410.
demand side: the proportion of corn in feed decreased, poultry material reduction is larger according to the Ministry of Agriculture and Rural Affairs monitoring, in July, the national pig stock column increased by 4.8% month-on-month, up 13.1% year-on-year.
this is the first year-on-year increase in pig storage since April 2018.
Pig production recovery accelerated, driving further growth in feed demand, but due to the price of corn continued to climb in the early period, feed enterprises are also actively using wheat, sorghum, imported corn and other alternative corn, corn in the feed added proportion fell.
such as pig feed corn consumption fell to 30%-40%, poultry profits are low, poultry feed formula corn reduction is larger, reduced to about 20%.
continued inflow of auction grain can basically meet the daily production needs of most corn deep processing manufacturers.
the main production area processing enterprises to continue high volume, Heilongjiang, Inner Mongolia, Jilin, Shandong and other places processing enterprises inventory has increased significantly, processing enterprises to high-priced corn to undertake limited capacity, prudent price reduction acquisition.
market forecast: According to China's feed industry information network Huitong data forecast, corn prices after the first two weeks of continuous lag and gradually stabilize, on the one hand, this year's pre-storage auction continued premium, corn costs are high, traders on the continued price reduction resistance;
it is understood that some areas in 2020 new grain has been listed, Hubei, Jiangsu and other places of new grain than last year rose 400 yuan / ton, Hebei, Shandong individual precocious corn market prices than last year 1-2 gross.
With the further adjustment of the auction strategy of Lin-storage corn, the speed of pre-storage corn export accelerated, the market supply increased, the current situation of insufficient supply gradually improved, superimposed on east China and south-central China provinces of the new season corn began sporadic listing, it is expected that corn prices will continue to slow correction in the near future.
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