MySheen

Industry viewpoint: weak operation of domestic corn prices

Published: 2024-11-06 Author: mysheen
Last Updated: 2024/11/06, Last week (September 25-October 9) domestic corn prices generally fell, North China continued to bottom, the Northeast sporadically opened the scale. The northern ports fell sharply and the southern ports consolidated at low levels. Looking forward to the future, corn in Northeast China has not yet been listed in large quantities, and there are fewer main buyers.

Last week (September 25-October 9) domestic corn prices generally fell, North China continued to bottom, the Northeast sporadically opened the scale. The northern ports fell sharply and the southern ports consolidated at low levels. Looking forward to the future, corn in Northeast China has not yet been listed in large quantities, and the main body of acquisition is less, and the price is expected to continue to fall in the later stage. Due to the recent large decline in North China, the decline in corn prices has slowed slightly in recent days, and the market wait-and-see mentality has risen slightly, but before the listing pressure of Northeast Grain and temporary storage acquisitions have not yet begun, it is expected that North China corn prices will continue to weaken.

 
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