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SunSirs: Wheat Prices Picked up Slightly Last Week (4.19-4.23)

April 26 2021 08:56:17     SunSirS (Linda)

1. Domestic wheat price trend chart

According to the monitoring of business news agency, the domestic wheat market price rose slightly this week. The average price at the beginning of the week was 2536.00 yuan / ton, while that at the end of the week was 2542.00 yuan / ton, up 0.24%.

2. Market analysis

In late April, the policy wheat delivery was relatively stable. After the policy auction regulation was increased again in April, the auction reserve price was slightly increased. With the support of the policy, the domestic wheat market price rose slightly this week.

3、 Future forecast

Wheat analysts of business news agency believe that: during the operation of the policy, the domestic wheat market price will continue to follow the firm operation of the policy price.

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