Policy rice turnover is low and the price difference between japonica and indica rice is stable.
After mid-October, bidding for policy-oriented japonica rice and indica rice reopened. However, with the continuous increase of new grain listing volume, the turnover rate of old rice market decreased compared with the previous period. Up to now, the total turnover of policy rice in China is 3.93 million tons. The total turnover of policy-oriented japonica rice was 1.6 million tons, and that of policy-oriented indica rice was 2.33 million tons, of which the turnover of early indica rice was 102,000 tons and that of mid-late indica rice was 2.2326 million tons.
The price difference of japonica rice in China was the same as that of last week; on October 30, the purchase price of japonica rice in Heilongjiang Hulin area in 2014 was 3040 yuan/ton, and the purchase price of late indica rice in Changsha area of Hunan Province was 2780 yuan/ton, and the price difference between the two places was 260 yuan/ton. The ex-factory price of japonica rice produced in Hulin area of Heilongjiang Province in 2013 is 4160 yuan/ton, and the ex-factory price of late indica rice in Changsha area of Hunan Province is 3940 yuan/ton, and the price difference between the two places is 220 yuan/ton.
The price of rice in the sales area market declined steadily; on October 30, the wholesale price of round rice in northeast Beijing was 4440-4540 yuan/ton, the wholesale price of japonica rice produced in Jiangsu Province in Hangzhou was about 4500 yuan/ton, down 40 yuan/ton compared with last week, and the wholesale price of japonica rice produced in Anhui Province was about 4400 yuan/ton, down 60 yuan/ton compared with last week. The wholesale price of ordinary Jiangsu rice in Fuzhou market is 4650 yuan/ton, down 100 yuan/ton from last week.
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