Entering December 28, domesticWheatThe spot market is unusually depressed, **universal**. Various milling companies have lowered their acquisitions, mostly between 5% and 2 cents. Currently, Shandong DongmingWudeliIt is a minority**, the price increases by 1 point, and the execution ** is 1445 yuan jin. According to statistics, the whole countryWheatThe average for a business is 14513 yuan jin, while the average ** in Shandong is 14484 yuan jin. The market is looking forward to the temporary storageWheatThe sales news has finally come out, and the auction will start on January 3, 2024Wheat20,084 tons, the starting price is 2,500 yuan tons.
Although the temporary storageWheatFilming is about to start, but at the moment only in XinjiangWheatParticipate in the auction, and other regions have not yet been released. Although the quantity and ** are the core content of the market's attention, the mainland has not yet been specifically announced at this stage, so the current auction information is only a false alarm for the market. The most feared thing in the market is that the policy auction will bring a heavy blow to the price of wheat, and if it is subsequently soldPremiumIf it is too high, it may also bring a certain boost to wheat prices. However, we are still uncertain about the follow-up provisional reservesWheatWhether it will continue to serve and whether there will be a change in the location. Next, we need to focus on the mainland marketWheatAuction arrangement.
For nowWheatThe market is significantly greater than demand, which leads to the possibility that wheat prices will continue to weaken in the short term. withChinese New YearWith the holiday approaching, the buyer's purchasing mentality has improved, and theoretically milling companies will continue to stock up, which may be supportedWheat**There is a pull**. However, this year'sChinese New YearRelatively late, stocking generally starts in December, so now that we enter January, we need to pay attention to the supply enthusiasm of flour dealers. In addition, the impact of factors such as weak market, sluggish demand and increased storage costs, some grain holders are inChinese New YearBefore clearingWheatThe intention is gradually aggravated. Even if the price of wheat is somewhat, space will be limited.
CurrentWheatThe market faces many challenges and uncertainties. Despite the temporary storageWheatThe landing of the first auction has brought some good news to the market, but at present, only Xinjiang has participated, and the release of other regions has not yet been determined. The market ** is much greater than the demand, resulting inWheat**Likely to continue in the short term**. However, withChinese New YearWith the holiday approaching, buyers' purchasing mentality has improved, and in theory, the stocking of milling companies may be boostedWheat**。However, due to the increase in storage costs and the impact of the weak market, the willingness of the main grain holders to clear is gradually increasing, which may be limitedWheatSpace.