The domestic corn market may rebound in 2003
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Last Update: 2003-03-02
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Source: Internet
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Author: User
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Introduction: this year, the domestic corn market is on the rise This year, however, the domestic corn market has risen The price of corn in Northeast China has been rising since the beginning of the festival The corn market in Central China and its sales areas has shown a downward trend, thus forming a market pattern of "rising in the north and falling in the South" The author believes that this market pattern is only a short-term behavior, and the overall price recovery in the domestic corn market is the general trend The main analysis is as follows: 9su 1 The export situation of domestic corn is optimistic Domestic analysts believe that the actual export volume of China's corn in 2002 / 03 will be higher than 11 million tons, reaching 12 million tons 9su 2 Foreign corn import will go on smoothly 2002 In the first year of China's accession to the WTO, due to the factors such as large corn output, large original stock, large amount of market supply and low market price, although the quota management system has been implemented, private enterprises have also obtained a part of import quota, but the actual purchase quantity is very small Up to now, the quota of 6.525 million tons of corn imported with 1% tariff in 2003 has been released But at present, it is not easy to import a large amount of corn in China 9SU 3、 Northeast corn will gradually become the only source of supply in China 4 It is expected that corn planting area and output will decline this year In summary, the development space of domestic corn market in the later period will be very broad The above factors will become the main driving force to promote the market to develop upward Of course, the factors such as the decline of inventory level, the reluctance to sell in the market, and the tight regional supply will also affect the market The market plays a promoting role, and under the common effect of all favorable factors in the domestic corn market, the domestic corn market is expected to be brilliant again in 2003 9SU
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