Group 1 - The purchase price of third-grade corn in China has increased by 50 to 80 yuan per ton, while bran prices have risen by 250 to 300 yuan per ton [1] - The USDA reported that private exporters sold 120,000 tons of corn to Spain, scheduled for delivery in the 2024/2025 marketing year [1] - As of April 27, the EU's corn import volume for the 2024/25 year reached 17.051 million tons, compared to 15.373 million tons during the same period last year [1] Group 2 - According to Fangzheng Zhongqi Futures, the South American corn harvest is creating short-term pressure, but strong U.S. corn export performance is mitigating the impact of concentrated supply [2] - Domestic corn market shows signs of tightening supply due to reduced deep processing consumption and wheat substitution, but strong support remains from high wheat prices and low farmer inventories [2] - Guotai Junan Futures indicates that domestic corn prices are expected to strengthen due to declining port inventories and reduced wheat production, while policy grain releases may limit upward price movement [2]
港口库存高位下降 玉米期价继续震荡偏强
Jin Tou Wang·2025-04-30 08:29