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    Home > Active Ingredient News > Feed Industry News > The domestic corn market may rebound in 2003

    The domestic corn market may rebound in 2003

    • Last Update: 2003-02-20
    • Source: Internet
    • 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: 4jj 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 4jj II Foreign corn import will go smoothly 4jj 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 4jj 3 Northeast corn will gradually become the only source of supply in China 4jj 4 It is expected that the corn planting area and yield will decrease 4jj this year To sum up, the development space of domestic corn market in the later period will be very broad, and the above factors will be the main driving force to promote the market's upward development Of course, factors such as the decline of inventory level, the market's reluctance to sell, and the tight regional supply will also play a role in promoting the market Under the common effect of favorable factors in all aspects of domestic corn market, 2003 The domestic corn market is expected to be brilliant again in 4Jj   4Jj
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