Restatement 1: The overall trend of wheat ** in China remained stable. According to the weather forecast, the rain and snow weather across the country is moving southward, and the scope of rainfall is gradually shrinking. Although weather conditions are improving in the main provinces, it is not common to see stoppages for food production as we approach the end of the year. Some businesses are still issuing holiday closure notices. In this situation, China Grain Reserve has launched a large-scale operation, which has made wheat receive more attention and demand.
Restatement 2: Wheat** continues to be stable compared to the previous period. According to the weather forecast, the rain and snow weather across the country is shifting to the south, and the scope of rainfall is gradually shrinking. Weather conditions are also gradually improving in the main agricultural producing areas. Despite this, as the end of the year approaches, the phenomenon of grain enterprises stopping work and producing grain is rare. Some companies are still continuing to issue notices of holiday closure, indicating that both buyers and sellers of wheat market have entered a relatively thin state. However, despite the sluggish purchases and sales, the policy side is unusually active. China Grain Reserves and reserves at all levels are still actively participating in market transactions, increasing trading volume by adjusting floor prices and providing premiums. In the latest launch, China Grain Reserves Henan Branch still achieved all the premium transactions on the basis of an increase of 40 yuan per ton of wheat. The situation is similar in local launches, except for a small number of unsuccessful auctions, the vast majority of them can be successfully sold, and some are even sold at a premium. The auction market is also becoming more and more active, and wheat** is showing a trend of recovery. In line with the market situation, China Grain Reserves has increased the intensity of trading, and another batch of about 150,000 tons of wheat is about to go on the market. Among them, on February 6, China Grain Reserves Xi'an Branch planned to sell 1,588 tons of wheat in 2019; On February 7, China Grain Reserves Beijing Branch planned to sell 46,788 tons of wheat from 2019 to 2021; On February 9, China Grain Storage Henan Branch planned to sell 7,700 tons of wheat in 2019; On February 8, the Henan branch of China Grain Reserves planned to sell 93,861 tons of wheat.
Restatement 3: The wheat market has generally stabilized, helped by improved weather. According to the weather forecast, the scope of precipitation and snow is gradually shrinking across the country, and the weather conditions in major provinces and regions are gradually improving. However, at the end of the year, the shutdown of some major grain enterprises was no longer common. Despite the relatively low purchase and sales volume in the grain market, the policy aspect is very positive. China Grain Reserves and reserves at all levels have promoted market transactions by adjusting reserve prices and providing premiums. Recently, on the basis of an increase of 40 yuan per ton of wheat, China Grain Reserves Henan Branch was still able to achieve all premium transactions. Similarly, local launches have also achieved good sales, with the vast majority of them successfully sold, with the exception of a small number of unsuccessful auctions, and some of them have even been sold at a premium. The bidding market has also gradually become active, and wheat has shown a trend. China Grain Reserves has stepped up its trading efforts and is about to put about 150,000 tons of wheat into the market. According to the plan, the Xi'an branch of China Grain Reserves will sell 1,588 tons of wheat in 2019 on February 6; The Beijing branch will sell 46,788 tons of wheat for the 2019-2021 season on February 7; The Henan branch will sell 7,700 tons of wheat for the 2019 crop on February 9; The Henan branch plans to sell 93,861 tons of wheat on February 8.
Restatement 4: The wheat market has maintained a relatively stable development trend. According to the weather forecast, the scope of rain and snow is gradually shrinking across the country, and the weather in major provinces and regions is gradually improving. However, by the end of the year, it was rare for some major grain enterprises to stop work and produce grain. At this time, China Grain Reserves and reserves at all levels began to actively participate in market transactions, and promoted market development by adjusting ** and providing premiums. In the latest launch, China Grain Reserves Henan Branch adjusted the floor price per ton of wheat, and was able to provide a premium, and achieved all the transactions. In addition, local ** has also carried out a certain amount of placement, except for a small number of unsuccessful auctions, most of them can be successfully sold, and some are even sold at a premium. The auction market is also gradually active, and wheat ** has a tendency to rebound. China Grain Reserves and reserves at all levels have taken advantage of the situation to increase their trading efforts, and about 150,000 tons of wheat will be put into the market. According to the plan, the Xi'an branch of China Grain Reserves will sell 1,588 tons of wheat in 2019 on February 6; The Beijing branch will sell 46,788 tons of wheat for the 2019-2021 season on February 7; The Henan branch will sell 7,700 tons of wheat for the 2019 crop on February 9; The Henan branch plans to sell 93,861 tons of wheat on February 8. Although the purchase and sales volume is relatively light, the positive policy action makes the wheat market still full of vitality.