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, inventories are currently at a mid-level, large-scale procurement is rare, wheat demand has somewhat declined, and prices have consequently stabilized.