At the beginning of today, I still want to focus on the latest developments of the corn market in the Northeast with all of you. Now our Northeast region is still a voice of price increases, but in the wave of rising waves, the corn market has undergone some changes, the port has continued to drop prices, and individual companies have reduced prices and stopped harvesting, is it possible to say that the momentum of corn price increases is going to face the end?
deep processing enterprises have reduced prices and stopped harvesting;
Driven by the continuous rise in corn storage directly under the Jilin region, deep processing enterprises were also forced to have to raise prices, although reluctantly, but after the policy was a well-known price increase in the market, deep processing enterprises also had no choice but to raise prices.
However, in the Heilongjiang region, there has been a situation of price reduction and suspension of harvest, which is somewhat eye-catching;
Nehe Grain Group ** 10 yuan, 30 water corn 0855 yuan;
COFCO Tianxing issued the latest announcement that it will stop harvesting corn tide grain from February 29;
The port has raised its acquisitions for 2 consecutive years**;
At the same time, in Jinzhou Port, the acquisition has been adjusted for 2 consecutive days, 10 yuan a day, and then 20 yuan the next day, with a cumulative decline of about 30 yuan tons, and the mainstream purchase ** fell to about 2360 yuan tons.
In the midst of the price increase, the news of price reduction and harvest suspension really makes people think about it, and they begin to have doubts about the price increase of corn. Could it be that corn ** is really going to face the end of the price increase? Not really!
First things first:The port is mainly due to the excessive amount of corn, and the corn grain delivery vehicles have soared from Taiwan to more than 2,000 units. However, this price drop did not continue, the port unloaded more than 2,000 vehicles within one day, and immediately opened the price increase mode the next day, again **10 yuan ton.
This shows that the port price reduction is a bluff, the demand for corn grain is still more urgent, if there is an expectation of continuous price reduction, the unloading speed will definitely not be so fast.
Secondly:In recent days, if Jilin deep processing enterprises are forced to raise prices, and Heilongjiang enterprises are forced to raise prices, Jilin at least has a direct library in the price increase support, Heilongjiang corn storage is not much movement, the power of price increase is more affected by Jilin region.
Therefore, in fact, there is no obvious favorable policy support in Heilongjiang, and the momentum for price increases is not too sufficient.
So on the whole, now the policy to support the market, the intention of raising the price of corn is still very obvious, the first shot in Jilin region, the next may be the turn of the Heilongjiang region, corn is difficult to have a big fall in the short term, but we have to sell the grain, after all, the weather is going to heat up, which is not a good thing.
Corn**