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The soybean market has been under heavy pressure recently, with prices clearly under strain
In December, the global soybean trade side and supply side became hot topics of market attention. On the one hand, the reduction of Argentina's soybean export tariff helps boost its export competitiveness; the export competitiveness of US soybeans is further weakened; China's soybean imports will also reach their annual peak. On the other
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Wheat Market Analysis: Weak Demand, Prices Stabilizing at a Low Level
Currently, wheat quality on the market varies, wheat price differences are pronounced, and the procurement volume curve during the purchasing period is flatter than last year. Because the circulating supply of high-quality wheat is scarce, large-scale procurement is difficult, creating a "price without market" situation; flour milling enterprises have passed the production peak for the Double Festival
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Autumn fruits hit the market one after another, with 60% priced lower than the same period last year
With the large-scale arrival of autumn seasonal fruits on the market, fruit prices have dropped sharply. On September 8, the price monitoring center found that, compared with the same period last year, prices of 60% of fruits generally declined. The survey found that the average price of Crown Pear was 5.74 yuan/jin in the same period last year, and is now 2.64 yuan
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Domestic soybean market sees a turnaround, but soybean oil prices struggle to rebound
Imported soybeans become the star of sales Since China began importing soybeans in 1995, import volumes have risen year after year, making China a veritable number one soybean importer in the world. It is understood that in 2014 China imported 71.4 million tons of soybeans for the whole year, up 12.7% year on year. This year
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Wheat Market Lukewarm, Little Hope for Price Rises Later
Last week the domestic flour market showed little overall change, and in terms of buying and selling the overall impression was one of ample supply and flat demand. Prices therefore did not change much either, and the flour market suffered sustained cold treatment during the hot summer season. Off-season wheat...
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New wheat purchase progress slow, market prices remain stable
New wheat purchase progress slow, prices stable. Last week new wheat entered the concentrated purchase period, with purchase progress slowing compared with last year, and the minimum purchase price policy dominating the market. Later, as large volumes of new wheat from the main producing areas come onto the market, the supply pressure of grain sources in the circulation market will gradually become prominent; at present, the policy-based purchase progress in the main producing areas is clearly lagging behind the same period last year, which also weakens its squeezing effect on the circulation market, and terminal demand will remain weak in the short term, making it difficult for wheat prices to gain obvious upward momentum.
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Latest market trends: Corn prices in North China show a clear downward trend
According to the North China corn market, the sales range of corn produced in Hebei, Shandong, and Henan has been continuously narrowing in recent years. Due to poor quality and an inconspicuous price advantage, the volume of corn sold to Guangdong, Guangxi, and other places has been declining. Moreover, in recent years, corn processing enterprises in Shandong and other newly emerging main sales areas have encountered the problem of shrinking downstream industries, and coupled with the lack of improvement in demand for feed corn, the demand outlook for corn produced in Hebei, Shandong, and Henan is not optimistic.
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Japonica rice market prices are expected to run steadily
Japonica rice market prices will run steadily. Affected by gradually rising temperatures and the plum rain season in the south, terminal consumer demand in the rice market has declined somewhat, and off-season characteristics are clearly evident, so processing enterprises will see even slower sales progress. Under the influence of regulatory policies, ample supply, and relatively stable demand, the domestic japonica rice market will show a steady trend, with little possibility of large fluctuations.
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Huge Indica Rice Supply, Market Prices Expected to Face Pressure
Currently, the domestic indica rice market supply is basically sufficient, while demand from rice processing enterprises is insufficient and terminal consumption growth is slowing. Therefore, in addition to the relatively sluggish trading of policy-based paddy rice, the proportion of failed auctions in the rotation bidding transactions of local reserve paddy rice is also relatively high. In the short term
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New wheat market-support purchase program launched, prices rising rapidly
As the wheat harvest in the main producing areas advances from south to north, the volume of new wheat coming onto the domestic market has continued to increase, yet new wheat prices have not declined; instead, they have risen rapidly over the past week. "When new wheat first came onto the market, the purchase price of newly harvested common wheat in the Zhoukou area was only 1.
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