The huge market price of indica rice will be under pressure.

At present, the supply of indica rice in the domestic market is basically adequate, while the demand of rice processing enterprises is insufficient, and the growth rate of terminal consumption slows down. therefore, in addition to the relatively low turnover of policy rice, the auction rate of rotation bidding of local reserve rice is also higher. Short-term indica rice market supply and demand situation is less likely to change, indica rice market prices will still face downward pressure.

The overall market price of indica rice remains stable; monitoring shows that as of June 9, the entry price of common late indica rice in Wuhan, Hubei Province is 1.42-1.45 yuan / jin, and that of common middle-late rice in Changde, Hunan Province is 1.35-1.36 yuan / jin, and the ex-factory price of rice is 1.86-1.90 yuan / jin. The ex-factory price of mid-late indica rice in Fujian is 1.98-2.02 yuan / jin, which is the same as last week.

The price of rice in the sales area is generally stable. As of June 9, the wholesale price of round rice in the northeast of Beijing market is 4460-4640 yuan / ton, the wholesale price of round-grain rice produced in Heilongjiang in Hangzhou is about 5000 yuan / ton, and the wholesale price of japonica rice produced in Jiangsu is about 4560 yuan / ton. the wholesale price of Jiangsu japonica rice in Fuzhou market is 4800 yuan / ton, and the wholesale price of ordinary early indica rice in Guangzhou market is 3800-3900 yuan / ton, which is basically the same as last week.