1. In terms of supply, it is mainly composed of three parts:
a. Pre-inventory quantity, which is an important part of the total output. The amount of pre-inventory stocks reflects the tightness of supply, the shortage of supply prices, and the decline in supply prices.
b, production volume. For wheat used for futures delivery, current production is a variable that is related to changes in wheat plantings, climatic conditions and crop growth conditions, production costs, and government agricultural policies.
c. Imports of commodities. The actual import volume of goods often changes for political or economic reasons. Therefore, we should understand and grasp the changes in the international situation, price levels, import policies and imports as soon as possible.
2. In terms of demand, there are usually three parts: domestic consumption, export volume and periodical commodity balance.
a. Domestic consumption. It is not a fixed constant, but is subject to a variety of factors. Mainly: changes in consumer purchasing power, population growth and structural changes, government revenue and employment policies.
b. Export volume. In the case of a certain output, the increase in exports will reduce the supply in the domestic market; conversely, the reduction in exports will increase domestic supply.
c. End of commodity inventory at the end of the period. This is one of the most important data for analyzing the trend of futures commodity prices. If the inventory increases at the end of the year, it means that the commodity supply in the current year is greater than the demand, and the futures price may fall; otherwise, it will rise.
3, seasonal factors
In general, seasonal fluctuations in wheat prices have a certain pattern. The price is higher in February, March, November and December each year, especially during the double festival period.
At present, Liang metalworking Tools Co., Ltd. has more than 200 employees, who have undergone professional technical training and rich production technology experience. The company has self-supporting import and export rights, and more than 90% of its products are exported to Italy, More than 60 countries and regions, including Spain, the Netherlands, Poland, Russia, Nigeria, India, Iran, South Africa, Japan, Brazil, ELDOR, etc
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