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The auction turnover rate of wheat in temporary storage is 25.64%.

Published: 2024-11-05 Author: mysheen
Last Updated: 2024/11/05, The auction turnover rate of temporary storage wheat is 25.64%. With the approval of the relevant state departments, the National temporary Storage Wheat auction Fair held on March 31 plans to sell 998500 tons of wheat, with an actual transaction rate of 25.64%. Among them: Henan market auction to support the market

The auction turnover rate of temporary storage wheat is 25.64%. With the approval of the relevant state departments, the National temporary Storage Wheat auction Fair held on March 31st plans to sell 998500 tons of wheat, the actual transaction rate is 25.6 tons, and the transaction rate is 25.64%. Among them: 193200 tons of wheat was put into the market by auction in Henan market, 9500 tons, the transaction rate was 4.93%, and the average price was 2417 yuan per ton. A total of 805300 tons were put into the Anhui market, with 246500 tons, with a transaction rate of 30.61%. The average price of white wheat was 2464 yuan per ton, and the average price of mixed wheat was 2455 yuan per ton.

Small package oil will become a new profit growth point of grain and oil under the double pressure of downward soybean prices and sluggish consumer demand, small packaging oil in retail terminals is the only one left. With the improvement of consumption level, the consumption of small packaging oil will gradually develop into subdivisions. Sun Zhong, an analyst at China Grain Network, said that the grain and oil industry is indeed at a low ebb due to the impact of weak commodity prices and a downturn in the catering industry, but this does not mean that grain and oil companies can only "sit back and wait for death". After brand packaging and marketing investment, the price of small packaging oil is more stable and less affected. The consumption of small packaging oil is also gradually developing into subdivisions, from which enterprises can find new profit growth points.

According to industry experts, the overall grain and oil market is not expected to improve in 2015, but some high-end small packaging oils, such as sunflower oil and palm oil, do exist and are worth developing.

 
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