MySheen

The price increase of southern japonica rice is limited in the later stage under pressure.

Published: 2024-11-21 Author: mysheen
Last Updated: 2024/11/21, At the end of December, the harvest of japonica rice in southern China was basically over, the progress of enterprises in storage was accelerated, and the acquisition entered the later stage, and the market price was stable and rising, but the increase was limited. With the approach of New Year's Day and the Spring Festival, grain purchasing and selling, processing enterprises and traders have entered the market one after another, and the demand has increased.

At the end of December, the harvest of japonica rice in southern China was basically over, the progress of enterprises in storage was accelerated, and the acquisition entered the later stage, and the market price was stable and rising, but the increase was limited. With New Year's Day and the Spring Festival approaching, grain purchasing and selling, processing enterprises and traders have entered the market one after another, the demand has increased, the purchase and sales of japonica rice market has warmed up, and the price has risen slightly. At the same time, the implementation of the national acquisition policy not only effectively alleviates the problem of farmers' difficulty in selling grain, but also effectively speeds up the circulation of grain sources in the market, and promotes the price of japonica rice to move closer to the market price.

Although the price of japonica rice has risen steadily, due to the long-term restriction of the pattern of "strong rice and weak rice", the inventory willingness of grain processing enterprises has declined, which suppresses the rising space of japonica rice price to a certain extent, and the price increase of southern japonica rice market is limited in the short term.

According to the price monitoring of Anhui Grain Bureau, last week (December 16-22), the average purchase price of japonica rice in Anhui was 147.5 yuan per 100 jin, and the out-of-stock price was 151.2 yuan per 100 jin, up 0.3% and 0.2% respectively over last week; the wholesale price of japonica rice was 222.0 yuan per 100 jin, down 1.0% from last week, and the retail price was 258.8 yuan per 100 jin, the same as last week. The price of japonica rice has slightly increased, while the price of japonica rice has dropped slightly, and there is a price difference of 3-5 yuan per 100 jin between ordinary japonica rice and high-quality japonica rice. Because of the great differences in rice yield, impurities and water content in different producing areas of japonica rice this year, the purchase price of japonica rice has a wide range. Among them: the purchase price of japonica rice in Wuhu area is 148 yuan / 100 jin, down 0.6% from last week; the purchase price of japonica glutinous rice is 163 yuan / jin, down 0.5% from last week; the wholesale price of one japonica rice is 224 yuan / 100 jin, and the retail price is 254 yuan / 100 jin, which is the same as the rise; the wholesale price of japonica glutinous rice is 257 yuan / 100 jin, down 0.7% from last week. The purchase price of japonica rice in the Hefei market is 146 yuan per 100 jin, the same as last week; the out-of-warehouse price is 152 yuan per 100 jin, the same as last week; the wholesale price of first-class japonica rice is 227 yuan per jin, down 0.09% from last week; and the retail price is 253 yuan per 100 jin, down 0.08% compared with last week. The wholesale price of locally produced japonica rice in Maanshan area is 230 yuan / 100 jin, and the retail price is 260 yuan / 100 jin, which is the same as last week; the wholesale price of northeast japonica rice is 236 yuan / 100 jin, and the retail price is 280 yuan / 100 jin, which is the same as that of last week; the wholesale price of long grain fragrant japonica rice produced in Northeast China is 300 yuan / 100 jin, and the retail price is 360 yuan / 100 jin, which is the same as last week.

It is also understood that recently, the market price of japonica rice in Jiangsu has been running smoothly, rising and falling slightly. According to the supervision on December 20, the average purchase price of japonica rice in Jiangsu was 149 yuan per 100 jin, up 1 yuan per 100 jin compared with the same period last week, and the average ex-factory price of japonica rice was 205 yuan per 100 jin. The trend of japonica rice in different regions of the province is slightly different. From a regional point of view, the price of rice in southern and central Jiangsu fell slightly, and the rice market in northern Jiangsu remained stable. Among them: Nanjing japonica rice purchase price 145 yuan / 100 jin, high-quality japonica rice wholesale price 225 yuan / 100 jin, the same as last week. The purchase price of late japonica rice in Wuxi is 154 yuan per 100 jin, and the wholesale price of ordinary japonica rice is 213 yuan per jin, which is 1 yuan lower than that of last week. The purchase price of japonica rice in Nantong area is 150 yuan / 100 jin, which is 1 yuan / 100 jin lower than last week. The purchase price of japonica rice in Yangzhou area is 149 yuan / 100 jin, which is 2 yuan lower than that of last week, and the average wholesale price of japonica rice is 211 yuan / 100 jin, which is the same as that of last week. The purchase price of ordinary japonica rice in Xuzhou area is 145 yuan per 100 jin, which is the same as that of the previous period. The purchase price of high-quality japonica rice in Lianyungang area is 145 yuan per 100 jin, which is 1 yuan higher than that of last week. The purchase price of Yancheng japonica rice is 155 yuan per jin, which is the same as last week. The purchase price of Suqian japonica rice is 135 yuan / jin, which is the same as last week.

With the end of the harvest of japonica rice in the southern region, the continuous expansion of the market supply of japonica rice in the new season, the centralized listing of middle and late indica rice in the new season and the import of a large number of cheap rice, the supply and price of japonica rice in the southern market are under pressure. the price of japonica rice in local markets has declined, the profits of grain processing enterprises have declined, and their enthusiasm for acquisition has declined. At the same time, due to the good water harvest of japonica rice in the later stage, which is generally about 18%, which can meet the short-term inventory conditions of farmers, some farmers began to cover grain and cherish the sale. It is expected that the japonica rice market will continue to be under pressure in the short term, and the price will fluctuate mainly in a range with a limited range.

 
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