1. Market prices
According to the data monitoring of Zhongshitong, the domestic wheat market as a whole has shown a slight increase today. From the recent three-day trend chart, we can see that there are varying degrees of price movement in wheat today. From the table below, we can see that the price of wheat flour is basically controlled within the price range of 1.22-1.24.
Second, market analysis
1 , Market demand
There is still half a month before the National Day and Mid-Autumn Festival, and the operation rate of flour mills is gradually increasing.
2. Grassroots psychology
Traders are reluctant to sell, and more and more traders begin to gradually export wheat to make room for new grains.
3. Policy impact
The national regulation and control efforts are gradually increasing. The state’s intention to control is obvious, and it is difficult for wheat prices to break through in the short term.
4. The role of by-products
As the weather turns cooler and the double festival comes, the demand for flour gradually increases, and the increase in demand for flour has a certain degree of joint effect on the price of wheat effect.
3. Market outlook forecast
From the perspective of today’s wheat market, wheat prices have been adjusted to varying degrees in the past two days, rising and falling. However, the overall situation is still relatively stable, and only individual manufacturers have varying degrees of price adjustment.
With nearly half a month before the National Day and Mid-Autumn Festival, the operation rate of flour mills has increased to a certain extent, and many grain merchants have also begun to switch to autumn grains such as corn and rice. Decrease, the price of grain will naturally increase, so the price of wheat in recent days is still mostly information about price increases.
In general, the price of wheat will rise slightly in the short term due to the boom in demand. However, overall, the room for wheat growth is still relatively limited. After all, the country’s nearly 100 million tons of inventory is there. It is still possible for wheat to reach 1.25, but it is estimated that it will be more difficult to rise further. But in any case, good grain is still sought after, and the principle of high quality and good price in the market will remain unchanged.
Remarks:Red rises, green falls.