In the Short Term, Domestic Wheat Market Price Will Continue to Be Stable Supported by Limited Supply | Wheat Market_Sina Finance_Sina.com

Source: www.jintou.com

According to SunSirs monitoring, this week (21.11-25.11) the domestic market price of wheat is at a high level. The average price at the beginning of the week was 3150.00 yuan/ton, and the average price on the weekend was 3156.00 yuan/ton, an increase of 0.19% during the week.

In the second half of November, the upsurge of the epidemic in many places limited the transportation of the grain market to a certain extent, and the circulation of the domestic grain market decreased. In addition, the demand for terminal flour rebounded slightly after the The weather has turned cold. The bullish outlook of commercial entities remains unchanged, and the price of the domestic grain market as a whole continues to hold at a relatively high level.

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SunSirs wheat analysts believe that with the support of periodic short-term supply constraints, the domestic wheat market price will continue to remain stable.

(Article source: SunSir)

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