According to the monitoring of SunSirs, the domestic wheat market price last week moved forward steadily as a whole. The average price at the beginning of the week was 3,006.00 RMB/ ton, and the average price at the weekend was 3,008.00 RMB/ ton, a slight increase of 0.07%.

In late September, the production area of autumn grain is about to enter the market, and the trading body will turn its attention to the purchase of autumn grain. The overall purchase and sales of wheat market are gradually weakening. The downstream flour demand continues to be weak. Enterprises can use whatever they want, and just need to purchase. The supply and demand of wheat market are stable, and the price is stable as a whole.

As of September 15, 61.8 million tons of summer grain had been purchased in the main production areas, an increase of 880,000 tons on a year-on-year basis, including 55.04 million tons of wheat.

SunSirs wheat analysts believe that the wheat purchase is basically coming to an end, and autumn grain is about to enter the market. The market trade focus is on autumn grain. The downstream demand of wheat is generally stable, and the market is in a dilemma of ups and downs. It is expected that China domestic wheat market price will continue to be stable at the current level in the short term.

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