It is expected that the southern japonica rice will still decline and the indica rice will remain stable.

Since April, the quantity of policy rice and reserve rice at all levels in the main producing areas of southern japonica rice has been significantly enlarged and the market supply has increased, but with the increase of temperature, the market demand for rice tends to be light. At present, the price of japonica rice in some areas of the south has begun to decline, but as the main factors affecting the price of rice in the south have not changed, it is expected that the decline in the price of japonica rice in the south will continue.

The price of indica rice remained stable; as of May 5, the price of indica rice in southern China remained stable. The monitoring showed that the factory price of common late indica rice in Wuhan, Hubei was 1.42-1.45 yuan / jin, that of middle and late rice in Changde, Hunan was 1.35-1.36 yuan / jin, that of rice was 1.86-1.90 yuan / jin, and that of mid-late indica rice in Fujian was 1.98-2.02 yuan / jin, which was the same as that before the festival.

Due to the large number of policy purchases and limited market circulation in the domestic indica rice market, there are still some surplus grain farmers who are willing to raise prices. Rice processing enterprises have long been affected by low-cost imports of rice, coupled with the current high cost, the willingness to purchase rice is low. In May, the consumption demand of rice market decreased and the market activity decreased. It is expected that the indica rice market will maintain the current pattern.