Now that various places have resumed work one after another, the grain market is gradually recovering.

With the recovery of the catering industry and the reopening of colleges and universities, the demand for end-use rice market has increased, and the price of rice in the market has been highly collected.

The minimum purchase price of rice and rice subsidies will remain stable this year. In recent times, rice prices have risen and are performing strongly. The current mainstream purchase price of japonica rice in Jiangsu is about 1.35-1.4 yuan/jin. So this year’s rice How much does it cost per pound? Next, let’s analyze the rice market forecast for the first half of 2023 with everyone.

Rice is rising and performing strongly

Looking at today, the national average price of mid- to late-season rice has risen to 2,815.00 yuan/ton, an increase of 1.26% on the day.

The national average price of japonica rice has risen to 2,962.00 yuan/ton. Due to the current large demand from processing plants, the price of early indica rice has reached a maximum of 2,942 yuan/ton from the Jiangxi Provincial Reserve.

Compared with the continuous decline of wheat and corn, rice is performing strongly in the current grain market and is on an upward trend.

At present, schools have started in various places, and there is strong demand in the market. Some rice companies and traders are optimistic about rice prices.

The purchase price of rice in the market has rebounded slightly, and some companies have reported that the current sales situation has improved compared with a year ago, and there are signs of a gradual recovery.

The current inventory of enterprises is not high, and they generally focus on the launch time and quantity of rice sold in the national market.

How much does a pound of rice cost this year?

Japonica rice: Japonica rice in Qiangorros Mongolian Autonomous County, Songyuan City, Jilin is 2.01 yuan/jin; Japonica rice in Wuchang City, Harbin City, Heilongjiang is 2.9 yuan/jin; Japonica rice in Hongze District, Huai'an City, Jiangsu is 1.41 yuan/jin. Jin; japonica rice in Tancheng County, Linyi City, Shandong Province is 1.6 yuan/jin; japonica rice in Zhongmu County, Zhengzhou City, Henan Province is 1.81 yuan/jin; japonica rice in Heshan District, Yiyang City, Hunan is 1.7 yuan/jin; japonica rice in Boluo County, Huizhou City, Guangdong Province is 1.75 yuan/jin. ; Japonica rice in Mian County, Hanzhong City, Shaanxi Province is 1.53 yuan/jin, etc.

Glutinous rice: glutinous rice in Beipiao City, Chaoyang City, Liaoning Province, 3.3 yuan/jin; glutinous rice grain in Panshi City, Jilin City, Jilin Province, 2 yuan/jin; glutinous rice grain in Fujin City, Jiamusi City, Heilongjiang Province, 2 yuan/jin; Suizhou, Hubei Province Glutinous rice in Guangshui City is 1.78 yuan/jin; glutinous rice in Yongxing County, Chenzhou City, Hunan is 1.9 yuan/jin, etc.

Indica rice: Indica rice in Qiangarros Mongolian Autonomous County, Songyuan City, Jilin, 1.65 yuan/jin; Indica rice in Fujin City, Jiamusi City, Heilongjiang, 1.8 yuan/jin; Indica rice in Lanxi City, Jinhua City, Zhejiang, 2.08 yuan/jin. Jin; Indica rice in Susong County, Anqing City, Anhui Province is 1.45 yuan/jin; Indica rice in Yifeng County, Yichun City, Jiangxi Province is 1.72 yuan/jin; Indica rice in Jiayu County, Xianning City, Hubei Province is 1.75 yuan/jin; Indica rice in Heshan District, Yiyang City, Hunan Province is 1.35 yuan/jin. Jin and so on.

Note: The above price quotations for each rice producing area are from the production area market supply hall of Huinong.com and are for reference only. For specific information, please refer to the latest local real-time quotation.

Forecast of rice market in the first half of 2023

After the holiday, group rice consumption demand increases, the volume of rice shipments increases significantly, and rice prices are on an upward trend.

After the Spring Festival, the national temporary reserve is expected to gradually release old grains to the market. The specific time has not been announced yet.

In addition, the estimated amount of directional rice released in 2023 has been announced, and it is expected to be 1,500 million tons. The specific duration depends on the frequency of delivery and transaction conditions.

In the first quarter of 2023, domestic rice prices are expected to continue to be "stable but weak", and the pattern of "strong in the north and weak in the south" is difficult to change.

The rice market in northern my country is dominated by support markets, and the lowest purchase price in 2023 will be announced soon, so the rice market will be affected to a certain extent.

Pay attention to national policy controls in the second quarter. It is expected that market transactions will gradually weaken and rice prices will reach low levels.

In general, there are many positive factors for the rice market in 2023. As the epidemic subsides, the rice market will gradually return to normal.

It is expected that the price of rice in the first half of 2023 will be considerable, and it may rise steadily, and there is certain room for good news.

Generally speaking, the current rice market quality in some areas is good, but there are not many grain sources. The downstream replenishment demand has driven up the price of rice. The price of rice has not increased as much as that of rice, and the shipment has been stable.

The market availability rate has increased slightly compared with the previous period, but is generally at a low level. Grain merchants still have a certain wait-and-see attitude.

Generally speaking, the trading atmosphere in the rice market is relatively flat. The surplus grain at the grassroots level varies from place to place, but the supply is sufficient.

With the recovery of the catering industry and the resumption of schools, the demand for rice will increase to a certain extent in the short term. It is expected to operate stably in the short term, with some slight adjustments.