Instead of going up, it went down, because of what?Today, the price of corn is down 9 yuan per ton!

Mondo Three rural Updated on 2024-01-29

December 7thCornMain contract**Something unexpected**. This situation is in stark contrast to the previous **. In order to delve into the causes of this phenomenon, it is believed that there are multiple factors acting together. First of all, beautyCornMain contractThe cessation of the country has led to importsCornThe cost is reduced, and thus the oppositeCornMain contractDownward pressure is formed. Secondly, in the near futureCorn** Abundant and weak demand, further exacerbatedCornMain contract**Target**.

American cornMain contract**Stop** for ChinaCornThe market has had a big impact. According to**Charts, can be seen since December 6, the United StatesCornMain contract**Total** 604 centsBuhel, a decrease of 123%。This *** makes our country importCornthe cost of reduction, thereby for the domesticCornMain contractA certain downward pressure has been formed.

In addition, the New York Fed Global in NovemberChainThe sharp rebound in the pressure index has also further weakened China's import demand. The data showed that the New York Fed in the United States in NovemberChainThe stress index is 011, -039 has increased. This data echoes a sharp decline in China's annual import rate in November, further deepening the United StatesCornMain contractTrending.

CornThe supply and demand conditions of the market are also rightCornMain contract** Impact. According to**Charts, can be seen todayCornMain contract** for 2492 yuan tons, whileCornMain contract** 2456 yuan ton. This indicatesNear monthThe contract ** is higher than the far month contract**, implying that the domestic oneCornThe supply is abundant, but there is no large number of listings.

At the same time, starch 2401Main contract**In recent days, there has also been a larger **. According to the data, from November 22 to December 7, starch 2401Main contract**Cumulative** 116 yuan ton, a decrease of 388%。This trend shows the weakness of the demand for starch in the market. The combination of abundant supply and weak demand makes the following:CornMain contract**Appeared today**.

Based on the above analysis, I thinkCornMain contractThe main reasons for **not continuing** but ** include: beautyCornMain contract**Stop**, make our importsCornCost reduction;New York Fed GlobalChainThe rise in the pressure index led to a sharp decline in the annual rate of China's imports in November, which in turn further weakenedCornMain contract**;RecentlyCornThe market is well supplied and the demand is weak, which has increasedCornMain contract**Pressure**. The combination of the above factors has led to:CornMain contractThe ** appeared in the present day **.

withCornMain contractThere has also been a series of changes in the market. In the context of not continuing to decline and falling, we need to carefully analyze the changes in supply and demand in the market, as well as the impact of international external factors on the market. Only through in-depth analysis can we better respond to market fluctuations and changes, for:Investmentsto provide accurate and reliable information and advice. At the same time,InvestmentsThey also need to stay vigilant, adjust their strategies in a timely manner, and grasp market opportunities.

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