In April, with the "mask problem" still showing signs of fermentation in various places, the market purchase and sale were seriously affected, it was difficult to get the flour, and the supply of grain for enterprises was not smooth. Some flour mills have stopped working one after another, and the mood of keeping prices down is getting stronger!
In terms of wheat auction, due to poor market demand, temporary storage wheat continued to be auctioned, and the average auction price of grain storage and ground storage wheat in various places continued to fall. It is understood that on April 6th, the average auction price of domestic wheat dropped to 2709 yuan/ton, excluding Xinjiang, the average auction price of wheat dropped to 2732 yuan/ton, compared with last week, the average auction price plummeted 162 yuan/ton! The continuous cooling of temporary storage wheat auction has also aggravated the mood of domestic flour enterprises to reduce prices!
According to the quotation of the wheat market, the market pessimism has intensified, the flour mill has made huge profits, the wheat price has fallen, and the market has been caught off guard! It is understood that the prices of flour mills in North China, Shandong, Henan, Hebei, Shaanxi, Anhui and other places have fallen across the board, and the prices of enterprises have dropped by 40~220 yuan/ton. Among them, the price of Tianbang in Shandong has dropped by 220 yuan/ton, the price of enterprises has dropped to 1.48 yuan/kg, and the price of Wudeli in Zhoukou, Henan has dropped by 2 10 yuan/ton, which is the same as that of Wuping.
At present, in the Shandong market, the wheat market has fallen to 1.48~ 1.58 yuan/kg, and the quotations of most factories have fallen below 1.5 yuan/kg; The price of wheat in Hebei dropped to 1.48~ 1.55 yuan/kg; Wheat prices in Henan dropped to 1.455~ 1.52 yuan/kg.
The latest news, on April 7th, domestic medium-grain wheat was auctioned, in which Xinjiang Company planned to auction 10653 tons, and actually sold 1586 tons; China Grain Storage Shanxi Company plans to auction 16348 tons, all of which will be auctioned; China Grain Reserve Shandong Company auctioned 12582 tons, with a turnover of only 500 tons; The two-way purchase and sale plan of China Grain Storage Beijing Company is 35,856 tons, and it is fully auctioned!
Insiders analyzed that this round of wheat market plummeted. On the one hand, the policy wheat auction continued to increase, the average price fell sharply, and the market bearish sentiment became stronger; On the other hand, due to the mask problem, grain enterprises have difficulty in purchasing, high purchasing enthusiasm, slow inventory consumption and growing wait-and-see mood, which has also aggravated the market decline!
Now, April is about to enter the middle of the year, just over two months before the new season of wheat goes on the market. Recently, the temperature in the north and south of China has obviously increased, which will also aggravate the pressure of flour delivery, superposition and strict control measures, which will make the flour delivery unsatisfactory and aggravate the enterprise's sentiment of price reduction. It is expected that the price of wheat will still drop further before the new grain wheat is listed on the market!
Caught off guard! Wheat auction plunged in a week 162 yuan, flour mills made huge profits, and wheat prices plummeted! What do you think of this? The above is my personal opinion!