Recently, corn market prices have risen. Driven by rising rice prices, lysine prices began to rise. Industry insiders predict that there will still be room for upward price of corn in the southern coastal areas in the short term.
Port corn prices rise
Since the beginning of March, the price of corn in the southern ports has shown an upward trend. As of March 29, the self-raised price of corn in the northeast of Shekou Port was 1,740 to 1,750 yuan / ton, and some high-quality sources were priced at 1,780 yuan / ton, up 100 to 120 yuan / ton from the beginning of the month, an increase of about 7.36%. "Although prices continue to rise, port traders are still distressed. First of all, the corn stocks of downstream enterprises in the southern coastal areas are more than 30 days, and the purchasing enthusiasm is not high. The daily cargo volume at the port is only about 45,000 tons, mainly for retail customers. In the later period, the purchasing power is limited. Secondly, due to the favorable factors of the policy, the price of raw grain in the north continues to rise. As of March 29, the corn closing price of Jinzhou Port was 1620 yuan / ton, and after the cost calculation, the price of the southern port was inverted by 20-30 yuan / ton. , The profit is not good. In addition, the overall inventory of the northern ports is currently at a high level, and the overall inventory is expected to exceed 4 million tons, and the potential supply pressure is great. In view of the above reasons, most southern traders are currently operating cautiously, fearing that the price will fall in the later period and dare not make a lot Inventory. It is expected that the price of raw grain in the north will remain at a high level in the short term, and the price of corn in the southern coastal areas may still have a slight upward space, but the overall transaction volume will continue to be low, and it should be mainly watching for changes in northern policies and port operations.
Policy helps corn sales in Northeast China
Entering April, the spring cultivation of new season corn in Northeast China will be carried out. At present, 15% of the grassroots farmers in Northeast China still have unsold grain, and there is still some pressure on corn sales before spring cultivation. In order to ensure the smooth sale of grain by farmers, the Northeast Railway Bureau issued a policy to ensure that grain is transported out. "Recently, the Northeast Regional Railway Bureau issued a notice requesting that from April 1 onwards, except for the Huludao Port, the other corn in the pipeline will be lowered by 25% overall. According to the notification requirements, the freight rate of the corn in the Northeast Region will be reduced 25%. Taking Heilongjiang corn as an example, the arrival cost in March was 1560 yuan / ton, and after April 1st, the arrival cost of corn fell to 1520 yuan / ton, and the profit of traders increased by 40 yuan / ton. Corn transportation costs The decline in the price will, to a certain extent, benefit the price of corn in the producing area.
Maize price increases lysine market
It is worth noting that the price of lysine has started to rise recently due to the increase in corn prices. At present, the reference price of 98% lysine in the market is 8.8 yuan / kg, and the reference price of 70% lysine is 5.5 yuan / kg. "The increase in lysine price this time is mainly due to the rising market price of corn and the enthusiasm of lysine traders and downstream feed mills to increase purchases, and the market price is rising. In addition, some hog farmers currently have a bargaining mentality, lysine The terminal demand for acid has improved slightly. In April, with the aquaculture season coming, the demand for 98% lysine will continue to increase. It is expected that the price of lysine will still have some upward space after April, and the increase of 98% lysine will be greater than 70% lysine. "
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