Himfr.com Analyzes Domestic Rice Market Situation
B2B search platforms with more than 30 B2B industry websites to its name,
analyzes
Since late September, by the autumn rice harvest in succession with the
impact of market, the domestic price of rice as a whole showed a steady
weakening trend. The main reasons, himfr analyzes, are firstly, that some
areas of rice processing enterprises have moved into an equipment maintenance
period, so the sale for stock is more positive; second, the late indica rice
came into southern markets, so prices leaned towards dropping; third, in the
south area early indica rice acquisition work came to an end; fourth, the
holiday effect is weakening, so the domestic market growth in demand for rice
is very limited. Therefore, the supply of raw grain rice is increasing, and
rice prices are on a steady weakening trend, specifically as follows:
First, supply and demand factors: At present, the domestic market volume
of the late indica rice has gradually enlarged. Domestic rice, especially
with indica rice stock levels high, the market will face a longer supply of
seasonal pressure.
Second, production: at present, most areas’ indica rice and japonica rice
have started harvesting into market, but due to the rice growth period there
can be big differences in temperature, resulting in rice quality reducing.
Meanwhile,
the National Day it will be a large player in the market; and the late indica
rice, despite some south areas being hit by drought, will show limited effects
on the overall yield.
Himfr analyzes that as the state gradually implements new policies, the
local rice prices are expected to stabilize and rebound; as cooler weather
comes, the market demand for rice has gone up; but subject to an adequate
supply of raw grain, rice will face a situation of supply exceeding demand,
and it is expected that prices in the short term will find it difficult to
escape the gloom.
About Himfr.com
Himfr.com is a promising e-commerce company and a leading vertical search
engine company in
such as gree electric appliances
( http://www.frbiz.com/q-gree_electric_appliances/ ), didp plasticizer
( http://www.frbiz.com/q-didp_plasticizer/ ) homemade coffee roasters
( http://www.frbiz.com/q-homemade_coffee_roasters/ ) and many more.
For more information, please contact:
Himfr.com
Tel: +86-10-6556-9770
Email: my@himfr.com
SOURCE Himfr.com