MySheen

The price of corn in North China is declining obviously.

Published: 2024-11-21 Author: mysheen
Last Updated: 2024/11/21, It is learned from the corn market in North China that the sales range of corn produced in Hebei, Shandong and Henan has been narrowing in recent years. Due to the lack of obvious quality deviation and price advantage, the quantity of corn exported to Guangdong, Guangxi and other places continues to decline. In addition, in recent years, the newly emerging main sales area of Shandong, etc.

It is known from the corn market in North China that the sales scope of corn produced in Hebei, Shandong and Henan has been narrowing in recent years. Due to the quality deviation and the obvious price advantage, the quantity of corn exported to Guangdong, Guangxi and other places has been declining continuously. In addition, in recent years, the corn processing enterprises in Shandong and other places, which have emerged as the main sales areas, have encountered the problem of shrinking downstream industries. In addition, the demand for corn for feed has not improved, so the demand prospect for corn produced in Hebei, Shandong and Henan is not optimistic.

The analysis believes that the obvious decline in corn prices in Hebei, Shandong and Henan is only a microcosm of the national corn market. Due to the serious oversupply of domestic corn market, huge inventory and obvious price advantage of substitutes, the overall performance of corn market price in China is depressed. In addition, in the new crop year, it is expected that the domestic corn planting area will still increase, the yield will still be at the high level for many years, and the long-term trend of corn price is pessimistic.

 
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