echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Active Ingredient News > Feed Industry News > Influence of recent policies on domestic corn market

    Influence of recent policies on domestic corn market

    • Last Update: 2002-04-20
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    Introduction: Recently, affected by the state's introduction of the exemption of corn transportation railway construction fund, the transportation cost of corn railway has been reduced, the operating cost of corn has been reduced, and the domestic corn market price has also changed the warming trend in the early stage, showing a significant downward trend Meanwhile, the corn trading volume has also been greatly reduced, and the grain consuming enterprises have begun to wait and see how the market situation evolves The situation has become more delicate At present, the delivery price of northeast corn stations in the coastal areas of Shanghai and Zhejiang is 1020-1030 yuan / ton, down about 60 yuan / ton compared with the previous 1080 yuan / ton, and the corn prices in Hebei, Henan, Shandong and other places in the central plains are also down correspondingly, with the drop of 30-4-yuan / ton Corn prices in inland Sichuan, Chongqing, Hunan, Hubei and other places also showed a significant downward trend, with a decline rate of about 50 yuan / ton For the decline of this allocation market, our analysis is mainly affected by the national macro policies: first, the exemption of railway construction fund, although it brings good opportunities for the northeast corn to go down south and export, but the corn transportation cost drops, causing the overall decline of the domestic corn market price in the short term Second, in recent days, there have been many auction activities of national grain storage and old grain auction all over the country, which make the grain enterprises dizzy Some large-scale auction activities will be held later It is reported that the old grain auction will be held in the first ten days of may in Jilin, a major corn production province, with a total amount of about 10 billion jin The main varieties are corn and a small amount of rice Frequent auction activities make the domestic grain market difficult The price trend in the later period of the domestic corn market is still dominated by the market in the absence of fundamental changes in the relationship between supply and demand After China's accession to the WTO, in the face of new market situation and international practices, the country will have a series of new policies in the future Since the country cancelled the construction fund of corn railway transportation, it has successively launched the relief of corn and rice And wheat export VAT policy, which will also have an impact on the domestic market (author:) share to feed Weibo share to:
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.