According to relevant data, during the week from October 22 to October 26, 2012, China's grain market slumped. The average domestic price at the beginning of the week was around RMB 1,546/ton, and the current price was down 18.3% year-on-year. . Main reasons: First, in terms of supply, the domestic refinery operating rate is generally not high, and there is still some pressure on manufacturers' inventories. This week's factory price is temporarily stable, and the transaction status is general; the port market has a certain boost, and the supply of goods in the market is of limited interest. Under the support, market transactions are active and traders’ sentiment is bullish. Second, in terms of demand, the downstream market demand has no good support, and the lower operating rate of the downstream fertilizer market is dominated by inventory control, and demand for ** is limited; ** Poor market conditions, the demand for ** is very limited; Third, the external disk market in the recent performance is stable, no significant rises and falls, supporting the stability of the domestic market.
The market outlook predicts that although the port market is more active than the previous period, Zhou Yu, an analyst at Business Community Chemical Branch, believes that due to downstream demand constraints, it is expected that the market in the near future will not be improved.
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