The price rise of new corn is weak in the late stage of coming into market

Introduction: Recently, the price of corn in Northeast China fell slightly in July, and the domestic corn market continued the rising trend in June, with the price rising steadily From the end of June to July 23, the price of corn in Dalian port is 1040-1050 yuan / ton, that in Zhanjiang port is 1100-1110 yuan / ton, and that in Shekou port in Shenzhen is 1110-1120 yuan / ton, which is basically stable From the beginning of July to July 23, the corn price of Qinhuangdao port increased from 1040 yuan / ton to 1445-1050 yuan / ton, Shanghai port from 1100 yuan / ton to 1100-1120 yuan / ton, Xiamen port from 1150 yuan / ton to 1160 yuan / ton, Huangpu port from 1120 yuan / ton to 1130 yuan / ton FHK from June to July 21, the price of medium-sized corn in Heilongjiang Province fell from 980 yuan / ton to 950-970 yuan / ton, the price of corn in Jilin Province rose from 950-960 yuan / ton to 960-970 yuan / ton, and the price of corn in Inner Mongolia kept between 970-1060 yuan / ton In addition, the price of corn in Hebei Province dropped from 1000-1100 yuan / ton to 1020-1040 yuan / ton The price of corn in Henan Province remained between 1020-1040 yuan / ton The price of corn in Shandong Province also remained between 1040-1060 yuan / ton Basically, the prices in the northern production areas have risen slightly in stability The corn price in southern Jiangsu increased from 1040 yuan / ton to 1040-1080 yuan / ton, in Hubei from 1060 yuan / ton to 1060-1130 yuan / ton, and in Jiangxi from 1080 yuan / ton to 1080-1100 yuan / ton FHK from the perspective of the future market, the momentum of corn growth is still insufficient The main reasons are as follows: FHK 1 Before the new corn was listed, China's corn export and sales activities basically stopped In view of the rapid increase of corn price and the high cost of corn export in China, if the exporter continues to export corn, the price of corn will continue to strengthen, which may mean huge loss to the exporter Therefore, at present, China's corn exporter has stopped signing the export contract of corn, and the export of corn tends to stop FHK 2 As far as northeast China is concerned, its corn inventory is still very large In addition, according to statistics of relevant departments, the corn planting area in 2002 reached 24.5 million hectares, an increase of 1% year on year; the total corn output is expected to reach 120 million tons, an increase of 5.91 million tons year on year, an increase of 5% The increase of corn supply in the future will bring pressure on the spot price of corn Based on the above factors, FHK expects that corn prices will still lack strong support in the future, especially after the new corn is listed, the domestic corn market will face new pressure FhK