BEIJING (Dow Jones)--China's new wheat prices in the major producing areas were higher in the week to Monday as farmers were reluctant to sell, while old wheat prices remained mostly stable. New wheat prices in Anyang in Henan province were around CNY1,880 a metric ton, up CNY80 from a week ago. New wheat prices in Dezhou in Shandong province were at CNY1,840-CNY1,870/ton, higher than CNY1,800-CNY1,820/ton a week earlier. Farmers were still busy with summer planting and didn't have the time to sell new wheat in large volumes, while China Grain Reserves Corp. started to purchase wheat for reserves. They were also reluctant to sell as wheat prices usually rise after the harvest on the government's minimum purchase prices, said China National Grain and Oils Information Center in its note. Meanwhile, the quality of wheat this year isn't as good as last year due to bad weather during the harvest, and this may push up the prices of better quality wheat, said Hai Yang, an analyst with Zhengzhou Esunny Information & Technology Co. Hai added this year's output could be the same as last year. Low-quality wheat can only be used as feedmeal or for industrial use. Last week, the government sold 263,600 tons of old wheat it had earlier purchased under the minimum purchase price program, or 18% of the 1.49 million tons it planned to sell. Trading during the weekly auctions has been sluggish with the market focus now on new wheat. -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 |
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