Affected by this, the purchase price of the domestic corn market fell across the board today.
The monitoring data shows that Liang Jinglong River is lowered by 3% today, and the latest purchase price is 1.272 yuan/kg; Heilongjiang Longfeng 1.272 yuan/kg, down 3%; Linqing Deneng fell two times today, the latest price 1.37 yuan/kg; Shouguang Juneng also fell two times, with the latest price of 1.39 yuan/kg.
In fact, it is estimated that about 10 ships of corn and sorghum will arrive outside Hong Kong in early March, and at least 9 ships of American corn and sorghum will arrive at our port in late March.
In this round of corn price increase, China buyers have obviously accelerated the purchasing speed of international grain.
However, the same data also shows that although China's wheat imports have been relatively stable recently, the domestic wheat price has been constantly refreshing the historical record.
According to the latest data, the latest purchase price of wheat in Jinshajiang, Hebei Province is as high as 1.635 yuan/kg, Yihai Kerry Dezhou 1.6 1 yuan/kg, Weifang Ye Xiang 1.625 yuan/kg; Longyao Jinmailang 1.64 yuan/kg, Shenzhou Wudeli 1.6 1 yuan/kg.
According to the information we have, in this round of grain price increase, the increase of wheat is much higher than that of corn. At present, the relevant state departments have arranged for the national reserve wheat to be put on the market at a scale of 500,000 tons per week to meet the market demand.
According to our knowledge, up to now, the country still has about 40-50 million tons of temporarily stored wheat. Therefore, although the current wheat price has increased greatly, it is still within the controllable range.
In the corn market, although the price has dropped, it is at least five months before the new grain comes on the market.
Considering that China consumed about 250 million tons of temporary storage in 20 16 -2020, and the substitution of wheat and corn in 20021year was very large, the current high price of wheat made the substitution of wheat and corn in feed almost no longer.
Therefore, the supply situation of corn market in the future is still not optimistic.
According to market rumors, the targeted rice auction may be restarted. In addition, large trading institutions also impose trading restrictions on corn futures-related contracts to avoid excessive speculation of hot money.