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One of three conjectures on how the state reserve affects wheat prices
Recently, under the influence of two factors - weakened demand caused by a lower operating rate at flour milling enterprises and the gradual decrease in the amount of wheat circulating in the market - domestic wheat prices have entered a period of stability. As is well known, a stable period is the most difficult trading period, because at this stage
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Sinograin makes every effort to do a good job in the temporary state reserve corn purchase in Northeast China
On December 1, the reporter learned from Sinograin Corporation that the state's temporary reserve corn purchase in the four northeastern provinces has been stable and progressing smoothly, and the purchase volume in the first month was twice that of the temporary reserve purchase in the same period last year. A relevant person in charge of Sinograin told the reporter that since November 1, the state has launched the 2015 temporary reserve corn purchase in the three northeastern provinces and one region.
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Xi'an to release 13,600 tons of reserve vegetables citywide
During holidays or when rain or snow hits, vegetable prices often rise. To effectively respond to abnormal fluctuations in vegetable prices, our city has stored 17,000 tons of common vegetables, and starting today, 13,600 tons of reserve vegetables will be released to community residents at prices 10% to 15% below market retail prices to meet public demand.
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Emergency Vegetable Product Reserve Warehouse Completed in Shiyan City
[ Introduction China Vegetable Network ] The Municipal People's Government Emergency Vegetable Product Reserve Warehouse was established by the Municipal Vegetable Office in accordance with the requirements of the "Notice of the State Council on Further Promoting Vegetable Production, Ensuring Market Supply, and Maintaining Basic Price Stability," implementing the municipal government's "Vegetable Basket" project and increasing market
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Grain reserve procurement should make it easier for farmers to sell grain
Recently, reporters conducted a survey of grain procurement in Changsha, Changde and other places in Hunan, visiting local state-owned grain purchasing and storage enterprises, private grain processing enterprises, grain purchasing and sales brokers, and ordinary farmers. During the survey, reporters found that during the period of minimum purchase price procurement for grain
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Domestic wheat prices slowly recover, while sales of state temporary reserve wheat decline
Constrained by a reduction in grain sources on the circulation market and the high price of state temporary reserve wheat, which has led to a decline in effective supply capacity, domestic wheat prices as a whole have shown a recovering trend, but the recovery is slow due to weak demand. As of early November, the average purchase price of third-grade wheat in Jiangsu was 2,304 yuan/tonne,
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National Grain Reserves Face Bumper Harvest Challenge as Stockpiles Overflow
Recently, researchers from the Outlook Think Tank investigated several major grain-producing cities in Heilongjiang Province and learned that due to severe inversion of domestic and international grain prices, deep-processing grain enterprises falling into industry-wide losses, and generally insufficient operating rates with weak demand, the grain market has shown an obvious
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China's grain reserves are the world's highest, yet the situation is as precarious as a pile of eggs
The price of corn has fallen. In 2015, the listed purchase price for the state temporary corn reserve (national standard third-class quality standard, the same below) was 1 yuan/jin. Last year's price was above 1.11 yuan per jin, with slight differences among regions: 1.13 yuan/jin in Inner Mongolia and Liaoning, 1.12 yuan/jin in Jilin, and 1.11 yuan/jin in Heilongjiang.
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Fertilizer winter storage has begun, so why is progress slow?
As the year draws to a close, this year's winter storage has officially begun. At the same time, the "2015 Tariff Implementation Plan" issued in mid-December explicitly abolished the off-season and peak-season window tariffs, leading most fertilizer enterprises to take an optimistic view of next year's fertilizer export situation. This has caused the long-sluggish urea
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China's summer grain state reserve purchase volume fell 23% year-on-year this year
Since Sinograin launched the wheat state reserve purchase in Jiangsu, Hubei, Anhui, Henan and Shandong at the end of May, and launched the early indica rice state reserve purchase in Anhui, Jiangxi, Hunan and Hubei at the end of July, the purchase work has been steady and orderly, and has now entered its final stage. As of September 10, Sino
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