With the sown area optimize, the production of the high quality wheat
increase continued, the quantity and the supply increase, promote the
price level, at the same time, the supply of the high quality wheat
is not sufficient slightly, mainly because the variety not complete,
quantity discount. The demand exceeds the supply, the price increase
continued certainly.
The influence of the whole stock in China wheat market In according
to the relate information, in 2004, China increase the supply of the
wheat only 86 million tons, lower than the 100 million tons demand in
a big margin. Not consider the import, the stock decrease 20 million
tons, although the supply still exceeds the demand in China wheat market.
The pressure of the stock already relieve, the space of the rice in
price already reduce after raise 30 percent. In the first half of the
year, the price of the wheat raises gently, the seasonal price differences
and regional price different display very distinct. In the later half
of this year, the production of the wheat in 2004 will influence the
change of the price in the future.
