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SunSirs: China Wheat Prices Fluctuated slightly Last Week (January 9-13)

January 17 2023 14:50:28     SunSirs (Selena)

According to the monitoring of SunSirs, the domestic wheat market price fluctuated slightly last week. The average price at the beginning of last week was 3,128.00 RMB/ton, and the average price at the end of last week was 3,126.00 RMB/ton, down 0.06%.

In the middle of January, near the end of the year, the stock of downstream flour enterprises was basically finished, the domestic logistics was gradually stopped, and the domestic wheat market trade was basically stopped. On January 11, the lowest purchase price wheat auction was all completed, with different premiums. The overall domestic wheat market price fluctuated slightly.

SunSirs wheat analyst believes that the domestic wheat market trade is gradually weakening before the Spring Festival, and it is expected that China domestic wheat market price will remain stable as a whole.

 

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

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