Nangang grain stocks have repeatedly hit new highs, **continue**, the market is calmly observed!
Grain stocks in Southport continue to increase as ** declines.
The latest data shows that raw material inventories in southern ports in the Pearl River Delta region continue to rise, while cereals** show a downward trend. The total inventory at the start of the current cycle was 24340,000 tons, 7410,000 tons, an increase of 2460,000 tons. The total inventory in transit is 5860,000 tons, a decrease of 280,000 tons. At the end of the cycle, the total inventory reached 25890,000 tons, an increase of 1550,000 tons.
Specifically, the southern ports stock a wide variety of cereals, including maize, imported maize, sorghum, barley, export wheat, peas, domestic wheat and brown rice. Of these, corn stocks are 2230,000 tons, imported rice is 12140,000 tons, sorghum is 2380,000 tons, barley is 4260,000 tons, and 1780,000 tons, peas for 2090,000 tons, internal wheat is 220,000 tons, brown rice is 790,000 tons.
At present, the grain in the Nangang area is mainly domestic, with second-grade corn between 2,570 and 2,590 yuan per ton, and corn shipped in containers between 2,650 and 2,670 yuan per ton. Corn** in Maoming is 2,580-2,590 yuan per tonne, in Zhangzhou in Fujian Province is also around 2,580-2,590 yuan per tonne, and in Qinzhou in Guangxi Province is 2,570-2,590 yuan per tonne. Imported corn** is CNY2,640 per tonne.
In terms of other cereals, Australian barley** was $2,470-2,500 per tonne, compared to $2,250 per tonne in February and April and $2,250 per tonne in January. In December January, brown rice** was $2,740-$2,800 per tonne. In terms of wheat, Australian wheat** was 3,180 yuan tonnes, and French wheat** was 3,080 yuan tonnes. In terms of spot imports, sorghum** was 2,790-2,830 yuan tonnes, of which US sorghum** was 2,630 yuan tonnes in December and 2,620,2630 yuan tonnes in January.
Sunflower meal pellets** are $2,620 tonnes, M05 is $760 in December, and $820 in February-May. In terms of peas, Canadian peas** were $3,250 tonnes and $3,100 tonnes in December January;Russian peas** were $3150 380 tonnes and $2980 3000 tonnes in December. Palm flour** was 1,530 yuan tonnes, compared to 1,510 yuan tonnes in January. Coconut flour** was 2,130 yuan tonnes, compared to 2,080 yuan tonnes in January. DDGS packaging self-operated ** is 2650 yuan ton. Rapeseed meal spot ** is 0120 yuan ton.
Causes and effects of grain stocks in southern ports.
There are several reasons for the continued increase in grain stocks in Southport. First of all, the arrival of goods in Nangang this week has increased compared to last week, resulting in an increase in total inventory. Secondly, the recent heavy snow weather has had a certain impact on shipping, and the shipping fee has led to an increase in the freight rate of bulk carriers, which has reduced the enthusiasm of bulk cargo transportation, and the reduction of container freight has also affected the level of shipping profits. The southern ports were once again affected by the market and the northern purchases, resulting in a relatively low domestic corn rate.
The impact of the continued increase in grain stocks in Nangang on the market is also evident. First of all, an increase in stocks means that there is an abundance of grains on the market, which in turn decreases. Secondly, the southern ports were affected by the market and the northern purchases, resulting in a lower domestic corn market, which also had an impact on the psychology of merchants. In addition, due to the lack of storage in the port, part of the foreign trade corn was diverted to the port, which further affected the market supply and demand.
Dynamic performance of the vessel in the South Harbor.
In terms of ship dynamics in southern ports, the data shows that deep grain brown rice ships"Promising"Ship and Guofeng wheat ship"Shengfeng 17"The ship is unloading. In terms of foreign trade, Machong Port currently has barley ships"Wonderful"and sunflower meal boats"Sakai"and chaff boats"Taishan 2"Unloading. In the port of Nansha, soybean ships"Adventurer"No. is unloading. In the new harbor, rough noodle ship"Dacheng No. 16"Unloading.
Summary. According to this week's Nangang grain inventory data, stocks continue to rise, ** down. This was mainly due to the increase in arrivals this week as well as the increase in the shipment index. Rising inventories mean that the market is relatively adequate, which in turn has an impact. However, the southern ports were affected by the market and the northern acquisitions, resulting in domestic corn, which also had an impact on the psychology of operators.
In conclusion, grain stocks in southern ports continue to increase and are currently declining. This has had an impact on both market supply and demand and operator operations. As for future trends, it is necessary to pay close attention to the dynamics of the grain market within foreign trade, as well as the influence of weather and other factors.