Core Insights - The corn prices in various regions of China remain stable, with specific prices reported for different locations [1][2] - The futures market shows a slight increase in corn prices, with the main contract closing at 2224.00 yuan/ton, reflecting a 1.09% rise [2][3] - The USDA reports a decline in the good-to-excellent rating of U.S. corn, now at 69%, which is still the highest level for this time of year since 2016 [3] Price Overview - Yellow corn prices in Shenzhen, Guangdong are at 2370 yuan/ton, while in Weifang, Shandong, they are at 2450 yuan/ton [2] - Prices vary across regions, with the lowest reported at 2100 yuan/ton in Harbin, Heilongjiang [2] - The futures market experienced a trading volume of 560,161 contracts on September 5 [2] Market Analysis - Short-term outlook indicates a stabilization and potential strengthening of spot prices, with attention on new season corn planting costs and the wheat-corn price spread [4] - Mid-term focus will be on new season corn dynamics, including opening prices and grain storage efforts [4] - Long-term pricing logic is driven by import substitution and planting costs, with a significant emphasis on policy direction [4]
市场新旧交替之际 短期来看玉米现货止跌企稳走强
Jin Tou Wang·2025-09-05 08:42