It is good to boost the limited japonica rice market and there is little room for it.

In 2014, the output of japonica rice in China reached another historical record, which is expected to reach more than 70 million tons, and the supply pressure has further increased, especially in major producing areas such as Heilongjiang, and the market situation has been continuously weak. With the successive launch of the purchase plan for supporting the market of japonica rice in various places, the amount of temporary storage and purchase has increased rapidly, farmers' grain reserves have been declining, market confidence has also been gradually boosted, and japonica rice prices have begun to stabilize, rise again, and continue to rise slightly after the Spring Festival, and some areas have even set record highs. Since then, the japonica rice market has entered a high concussion.

At the end of May, the entry price of round-grain rice in Jiansanjiang, Heilongjiang Province was 1.52-1.60 yuan / jin, and the ex-factory price of rice was 2.16-2.22 yuan / jin, while that of round-grain rice in Jiamusi was about 1.62 yuan / jin and 2.20 yuan / jin respectively. The purchase price of japonica rice is about 1.55 yuan / jin in Anhui and 1.53-1.58 yuan / jin in Jiangsu, which is the same as that in the previous period. The price of high-quality Jiangsu japonica rice is 2.252.26 yuan / jin in Shanghai market, 2.42-2.50 yuan / jin in northeast China, 2.5 yuan / jin in Heilongjiang in Hangzhou and 4640 yuan / ton in Guangzhou market.

Although the price of japonica rice is high, the policy warm wind blows frequently from time to time, which constitutes a strong support to the japonica rice market.

The implementation plan for the minimum purchase price of rice was released in advance.

In order to do a good job in purchasing rice in 2015, stabilize market prices, and effectively protect the interests of grain farmers, on May 18, the National Development and Reform Commission, together with the State Grain Administration, the Ministry of Finance, the Ministry of Agriculture, the Agricultural Development Bank and the China Grain Storage Corporation, jointly issued a plan for the implementation of the minimum purchase price for rice in 2015. This is the first time that the pre-plan notice appears in the form of "three-in-one" and is issued together with the wheat pre-plan notice. Among them, the most noteworthy is that the implementation time of middle and late rice acquisition in Liaoning, Jilin and Heilongjiang provinces was adjusted to October 10, 2015 to February 29, 2016, and last year was from November 1, 2014 to March 31, 2015. The start time is 20 days earlier than the previous year, and the end time is 1 month earlier than the previous year. The overall acquisition time is 8 days shorter than that of the previous year. The advance of the starting date of the minimum purchase price for japonica rice in Northeast China in 2015 will make the harvest and acquisition of japonica rice more synchronized, and the price of grain sold in farmers' villages will be closer to the lowest purchase price, which will effectively avoid the phenomenon of low purchase price caused by bumper harvest of japonica rice. It not only helps to improve farmers' income from selling grain, reduce grain loss and mildew, and improve the quality of grain stored in storage. Moreover, the early stabilization of the new rice market will also contribute to the stability of the overall japonica rice market. At the same time, the implementation of the minimum purchase price of rice this year has increased the number of enterprises belonging to the China Textile Group entrusted by China National Grain Storage. The expansion of the main body of acquisition is also good news for the japonica rice acquisition market.

Subsidy policy is introduced again.

One month before the implementation plan of the minimum purchase price for rice in 2015 was released, in order to speed up the digestion of local rice stocks and stimulate the enthusiasm of enterprises to buy grain. The Heilongjiang Provincial Grain Bureau announced that from April 15 to October 30, 2015, enterprises covered by subsidies will participate in policy-oriented rice bidding activities organized by the state and relevant departments in Heilongjiang Province. bidding in Heilongjiang Province and shipping back the policy rice that has been processed and sold by enterprises before the end of December 2015, the provincial finance will subsidize the rice at the standard of 100 yuan per ton. It is nothing new to subsidize japonica rice stored in Northeast China. In 2009, the state has a precedent of subsidizing the outward transportation of japonica rice in Northeast China, and it has a positive effect on the trend of the rice market. Due to the implementation of subsidies, the actual cost of japonica rice purchased by enterprises will be reduced to a certain extent. Therefore, the introduction of this policy will also boost the market trend of japonica rice in Heilongjiang.

Farmers' storage of japonica rice has bottomed out.

Due to the start of the purchase of supporting the market, farmers have made relatively rapid progress in selling grain, resulting in a sharp decline in surplus grain compared with the same period last year. According to statistics from the State Grain Administration, as of April 30, various grain enterprises in seven major japonica rice producing areas, including Heilongjiang and Jiangsu, had purchased a total of 39.84 million tons of newly produced japonica rice, an increase of 6.82 million tons over the same period last year. Based on this, it is estimated that the amount of japonica rice retained in farmers' homes is about 4.8 million tons less than that in the same period last year. Obviously, it will be more difficult to purchase japonica rice in 2014 in the later stage, and with the passage of time, farmers' stocks of japonica rice will continue to decline, which provides a strong support for new rice.

Although the policy warm wind blows frequently, due to the bumper harvest of japonica rice in successive years, the supply pressure is great, and the downward adjustment pressure is not small.