According to the monitoring of SunSirs, the domestic wheat market price was slightly weak last week. The average price at the beginning of the week was 3,140.00 RMB/ton, and the average price at the weekend was 3,112.00 RMB/ton, down 0.89% during the week.

In the late December, the epidemic situation made the demand for terminal flour more sluggish. In addition, as the end of the year approached, the grain farmers' willingness to sell grain became stronger, and the domestic wheat market's tradable grain sources continued to increase. Under the suppression of many bad luck, the domestic wheat market price continued to weaken.

The wheat analysts of SunSirs believe that the overall supply of wheat market is weak, and the domestic corn and soybean meal prices continue to fall, so the wheat market price will continue to be under pressure and weak adjustment. Supported by the high grain storage costs of trade entities, the space for wheat prices to continue to fall is limited in China as a whole.

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