echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Active Ingredient News > Feed Industry News > The change of domestic freight rate forms certain support for rice market price

    The change of domestic freight rate forms certain support for rice market price

    • Last Update: 2008-11-03
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    Introduction: on April 1, the national railway freight was raised in a unified way The freight rate of freight was raised to 0.5 points per ton of KM In addition, on March 22, the domestic gasoline price was also raised by a large margin, 300 yuan per ton, which directly caused the rise of most domestic road freight What effect will the freight increase have on the domestic rice market? 1 The market price of rice in Northeast China remains firm according to the market monitoring At present, the market of rice in Northeast China is still stable, among which the purchase price of medium-sized rice in Geely is 1850 yuan / ton, and the ex factory price of medium-sized rice is 2630 yuan / ton; the purchase price of medium-sized rice in Heilongjiang is 1820-1840 yuan / ton, and the ex factory price of medium-sized rice is 2600 yuan / ton, basically the same as last week The impact of recent domestic freight changes on the rice market in Northeast China is as follows: 1 The rice purchase cost in some parts of Northeast China will rise According to the market monitoring, the road maintenance fees and road tolls in some areas of Heilongjiang Province have increased compared with the previous period, and the gasoline price has also increased by a large margin, which makes the rice purchase fees in some areas of Heilongjiang Province have increased compared with the previous period, and the enthusiasm of some grain enterprises to purchase rice has decreased 2 It is difficult to export rice in Northeast China It is reported that due to the current transportation of coal, soybeans and corn in Heilongjiang, the transportation of rice in some areas is relatively tight, and the car fare is about 5000 yuan / car 2 It will play a supporting role in the southern rice market It is expected that the change of domestic freight will play a supporting role in the southern rice market The main reasons are: 1 Which increase in freight will increase the delivery cost of southern rice South China is not only the main rice producing area but also the main rice selling area The gap between rice production and demand mainly depends on rice export The rising cost of railway and road directly leads to the rising cost of rice export, which has a certain positive effect on rice price in South China 2 The change of freight will lead to the relative decline of rice supply in South China, which will also play a supporting role in the market Although the rising freight rate is a positive factor for the southern rice market at present, we should also pay attention to the regulation of national macro policies at any time According to the market monitoring, in the near future, the rice reserve rotation in some areas of the South has been gradually increased, and the amount and time of rice reserve entering the market in the later period deserve the market's continued attention 3 Some psychological impacts on the domestic rice market are expected to have a certain impact on the psychology of the rice market, mainly reflected in: 1 Some southern traders will increase their purchasing efforts in the rice production areas Due to the rise of freight, some domestic traders are relatively optimistic about the rice market in the future, which will hold back the price and wait for the price to rise Market participants should always pay attention to the state's supervision of the domestic rice market, especially in the south 2 Extrusion effect may appear in some production areas As the rising freight will lead to a relatively firm or even a small increase in the price of rice in some regions, the main body of rice management in some regions will increase the strength of rice ex warehouse, mainly reflected in the indica rice varieties In a word, due to the impact of the rising domestic freight, the relatively weak domestic rice market in the early stage will be supported to some extent It is expected that the domestic rice market price will remain stable in the near future, with small fluctuations in some regions.
    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.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.