According to the monitoring of SunSirs, the domestic wheat market price in September was high and slightly shaken, moving forward. The average price on September 1 was 3,002.00 RMB/ ton, and the average price on September 30 was 3,016.00 RMB/ ton, with a slight increase of 0.47% in the month.

In September, the domestic wheat market was in full supply on the whole, the downstream flour demand remained low, the wheat demand was stable on the whole, the market supply and demand were stable, and the wheat market price was stable.

In the middle of September, domestic new season corn entered the market sporadically, and the trading entity Tengku's intention to realize increased. The arrival of wheat from downstream flour manufacturers continued to rise, and the manufacturers lowered the purchase price of wheat slightly, driving the wheat market price in some regions to decline slightly.

Since late September, the autumn grain in the production areas has entered the market in succession, and the main trading body has turned its attention to the purchase of autumn grain. The purchase and sale of wheat market has basically come to an end. The arrival of wheat in the downstream flour enterprises has continued to decline, and the manufacturers have raised prices to supplement the warehouse, driving the overall stable and strong operation of the domestic wheat market price.

SunSirs wheat analysts believe that: the wheat purchase is basically coming to an end. Autumn grain is about to enter the market in an all-round way. The focus of the market trade is turning to autumn grain. The downstream demand for wheat is generally stable. In the short term, the domestic wheat market price will rise or fall in a dilemma. The wheat market in the future will continue to operate in a state of high quality and good price. It is expected that China domestic wheat market price will continue to fluctuate slightly at the current level in October.

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