BEIJING (Dow Jones)--Corn prices in China's major producing areas were mixed in the week to Wednesday, as the market awaited the government's policy on the sale of its corn stocks. Industrial processing plants in Jilin province, a major production area, bid between CNY1,500-CNY1,550 a metric ton for corn, down CNY50 from a week ago. Corn prices in Weifang in Shandong province were between CNY1,590-CNY1,600/ton, up from CNY1,540 a week earlier. "(Buyers) lowered their bidding prices as they waited for the government's auction," while farmers in the northeast were more willing to sell their stocks after they completed the spring planting, said an analyst with Chicorn Network. The government bought around one-fourth of the corn harvested in China last year, and the market has been expecting it to release the crop to the market soon. However, processing plants in areas where corn is not widely grown are buying the crop to restock amid falling supply, helping to push local prices higher, said analysts. Corn prices in the southern consumption areas were stable amid weak demand. The feedmeal demand this year is likely to be the same as last year's or even slightly lower on sluggish pork prices, said Li Lei, an analyst with China National Cereals Trade Corp. -Zheng Xiaolu contributed to this story, Dow Jones Newswires; 8610 6588-5848; tracy.zheng@dowjones.com
Регион | Закуп. | Изм. | Прод. | Изм. |
---|---|---|---|---|
ЦФО |
29800.00 | + 650 | 30000.00 | + 840 |
ПФО |
28940.00 | + 990 | 29000.00 | + 950 |
СКФО |
29450.00 | + 750 | 30000.00 | + 1050 |
ЮФО |
29250.00 | + 1100 | 29700.00 | + 750 |
СФО |
29300.00 | + 900 | 29500.00 | + 1200 |
Регион | Закуп. | Изм. | Прод. | Изм. |
---|---|---|---|---|
ЦФО |
72000.00 | + 1000 | 73300.00 | + 50 |
ЮФО |
69800.00 | + 0 | 74000.00 | + 0 |
ПФО |
71500.00 | + 500 | 73100.00 | + 100 |
СФО |
72500.00 | + 500 | 74900.00 | - 100 |
Обсуждение