The price of corn market in China will be mainly oscillating
-
Last Update: 2002-08-12
-
Source: Internet
-
Author: User
Search more information of high quality chemicals, good prices and reliable suppliers, visit
www.echemi.com
Introduction: in the later stage, the influencing factors of domestic corn market should be analyzed mainly from the following aspects: 1 The export situation is optimistic, and the market price promotion power is not reduced 2 The export of corn in the Central Plains has stagnated, and the demand for corn in the north is gradually strong 3 Consumption increased steadily, and inventory level continued to decline Inhibition factors: 1 The main corn production areas will continue to carry out the promotion and inventory reduction work, and the market supply will increase unabated 2 With the continuous grain reform, corn production areas will reduce the price and scope of protection 3 The meteorological condition of the production area is good, and the corn production is expected to increase 4 Selling activities of old grain and old chemical grain will still be held, and corn prices are under great pressure 5 The low price of inferior wheat may replace the demand of some corn 6 Once the price of corn rises, imported corn will flow in Generally speaking, the supply and demand pattern is the key to determine the market development Different psychological changes in different stages of the purchase and sale enterprises have become the most direct role in determining the market price development direction Although at present, the auction activity of Chen Liang in China is significantly reduced compared with the previous period, but its short-term negative impact on the market has not been reduced Only when the market negative effect of the auction activity of Chen Liang is reduced, and the market favorable factors gradually appear, can the market price usher in the real sense of rising space August should be the peak period of China's corn demand The large amount of market demand will play a supporting role for corn prices In the later stage, corn market prices will mainly operate in an oscillatory manner with limited drop space.
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.