MySheen

The decline in the supply of new wheat obviously promotes the high price of flour.

Published: 2024-11-22 Author: mysheen
Last Updated: 2024/11/22, The decline in the supply of new wheat obviously promotes the high price of flour.

Recently, the flour market has been particularly eye-catching, according to the Voice of China's Villages, Agriculture, Rural China. Since October, the price of flour has risen significantly, and the price of special flour has risen by 4.32% in January alone.

Flour is the main grain and oil supplies, is just needed, the increase is close to 5%, the range is very large. At present, as the temperature drops, production and consumption further increase, flour prices are still facing an upward trend.

So what is the reason for this round of flour rise? Apart from the peak season itself, what else is driving flour prices?

The hump market in Shenmu County, Shaanxi Province is a famous flour wholesale market, supplying the flour demand of 420,000 people in the county. Dealer Qiao Sheyu business flour business for many years, he told reporters, recent flour price increase is more obvious.

Reporter: How much is a bag of flour now?

Qiao Sheyu: There are 85 yuan and 90 yuan for a bag of 50 jin, because the price of wheat has risen.

Reporter: How much has the price of flour gone up?

Qiao Sheyu: It has risen by 5 yuan. The original 85 has risen to 90, and the 80 has risen to 85.

Lao Qiao told reporters, This year flour market experienced two waves of obvious rise, The first is in late April this year, With the late new season wheat market, Plus the temperature rises, Flour gradually into the consumption off-season, Prices appear to fall. But after the Mid-Autumn Festival, flour prices continued to rebound amid tight wheat supplies and rising prices. Shenmu County, Shaanxi Wang Tuo thick grain and oil wholesale store owner Wang Tuo thick outspoken, this October flour price rise, mainly affected by the sharp rise in raw wheat prices.

Reporter: What are the main reasons for the rise in flour?

Wang Tuohou: Mainly wheat rises, wheat prices are high, raw materials rise, flour mill flour also rises.

Wheat is the raw material of flour, because this year the national wheat purchase volume is higher than the same period last year, and the new wheat quality wheat supply is less than last year, especially at the end of September, autumn grain listed more obvious, enterprises low price difficult to harvest, can only increase the purchase. Zhuochuang information market analyst Wang Wenwen told reporters, Under high cost pressure, Enterprises can only raise flour prices, To ease the pressure.

Wang Wenwen: Due to the obvious decline of wheat supply in the market, it is difficult for enterprises to purchase at low prices, so they can only raise prices and compete for revenue. In October alone, the wheat purchase price in Jilu area rose by 0.05-0.06 yuan/catty. In November, the wheat price still rose. Under the pressure of high cost of enterprises, enterprises raised flour prices to relieve the pressure. On the other hand, in the case of tight supply of raw wheat and high processing cost, the processing pressure of enterprises is relatively high, so the flour mill starts low as a whole and the flour output is not large, which is conducive to the price increase of manufacturers.

Data show that since October, flour prices have risen significantly. Special fine powder rose from 1.62 yuan/catty to 1.68-1.69 yuan/catty, only one month, rose about 0.06 yuan/catty, an increase of 4.32%. In the same period last year, the price of special fine powder was 1.57 yuan/catty, higher than the level of 0.10 yuan/catty last year.

After the flour price rose significantly, the terminal dealers purchased on demand. Since November, the flour price basically maintained a high price operation. However, as the weather turns cold, conducive to flour preservation, recent flour market demand has risen, analyst Wang Wenwen predicts, short-term flour price increase controllable, some low-price areas still have the possibility of rising.

Wang Wenwen: Flour prices after the early rise, prices in some areas also quickly reached this year's high point. Although near the end of the year, the terminal market may have a certain replenishment, stock demand, but in the case of high flour prices, dealers choose more rational orders. In addition to the stock of downstream terminals in the early stage, as well as the rapid price increase, the sales profits of terminal dealers are compressed. At the same time, due to the fierce competition in the flour industry, the price gap between flour enterprises around the country is also obvious this year. Zhuochuang expects that the current high price of flour will rise by a small margin, and prices in some low-price areas may rise.

Flour sales prices rose, people often choose to wait and see, downstream sellers difficult to take goods. On the other hand, the cost of raw materials for flour processing is also rising, so many flour processing enterprises are waiting for profits. Wang Wenwen suggested dealers: At present, under the pressure of high cost, flour should still insist on high price delivery is appropriate, should adjust the commencement according to their own orders and inventory conditions.

Wang Wenwen: With the arrival of the New Year, the market competition is fierce, strengthen product quality monitoring, actively expand publicity, strengthen communication with market dealers, and understand the changes in consumer terminals. As for dealers, we suggest that dealers with funds and storage capacity can place orders in advance. Because the current flour price is difficult to fall, coupled with factors such as logistics and terminal demand at the end of the year, dealers can purchase in advance according to sales volume in previous years, but they still need to be guaranteed in reasonable inventory. In addition, in response to changes in market demand, actively participate in the marketing of various types of flour to meet the needs of different customer groups.

 
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