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    Home > Active Ingredient News > Feed Industry News > In the later period, China's wheat market will be dominated by oscillatory operation

    In the later period, China's wheat market will be dominated by oscillatory operation

    • Last Update: 2002-08-07
    • Source: Internet
    • Author: User
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    Introduction: at present At present, although the wheat market price in our country is on the way of rising against the season, the rising trend seems to be weak Considering the promotion factors, because the wheat output in our country is seriously smaller than the demand, and the quantity of imported wheat in our country is also decreasing every year, there is only one way to meet the huge demand for wheat, that is to continuously consume the huge wheat stock in our country In 1997, China's wheat inventory reached a record high of 107.41 million tons, and then decreased rapidly Since 2000, the gap between China's wheat supply and demand has grown from millions of tons in the past year to 10 million tons and even to 23.86 million tons last year This year, the gap between supply and demand has reached an alarming 28.7 million tons The stock of wheat has also been declining year by year By this year, the stock of wheat in China will be only 3000 This may be the smallest inventory record of wheat in China for decades, which has laid a solid foundation for the stable and upward market From the analysis of restraining factors, the auction activity in China has become the main restraining factor for the price of wheat market to rise sharply this year The quantity of market supply has increased, the gap between stage supply and demand has increased, and the market price is unable to rise, while some of its products Species, such as corn, rice and other varieties of auction, from the side of the wheat market impact On the whole, the wheat market in China will be mainly oscillating in the later period, and the possibility of market price rising or falling is weak WNC
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