Newsletter summary

April twenty _ ninthFreepokercardgamesDomestic grain futures prices generally fell, corn starch fell more than 1%, and japonica rice fell slightly.Freepokercardgames.19%. The basis data reveals that the corn starch is upside down in the current period, the spot price is higher than the futures price, and the basis rate is 7.82%.

Text of news flash

[grain futures market fell on April 29, corn starch fell more than 1%] grain futures prices generally fell on April 29. The main contract price of corn starch fell 1.06% to 2789.00 yuan / ton; the main contract price of corn fell 0.21% to 2391.00 yuan / ton; and the main contract price of japonica rice fell 0.19% to 3605.00 yuan / ton. [April 29 grain futures price] the opening price of the day, yesterday's closing price, yesterday closing price data show that japonica rice, corn, corn starch three varieties have varying degrees of decline. The opening price of japonica rice was 3617.00 yuan / ton, yesterday closing price was 3616.00 yuan / ton, yesterday closing price was 3612.00 yuan / ton; corn opening price, yesterday closing price and closing price were 2390.00 yuan / ton, 2393.00 yuan / ton and 2396.00 yuan / ton respectively; the opening price, closing price and closing price of corn starch were 2810.00 yuan / ton, 2810.00 yuan / ton and 2819.00 yuan / ton respectively. [corn starch appears the phenomenon of 'cash upside down'] as of April 26, the basis data showed that the corn starch variety contract was upside down, that is, the spot price was higher than the futures price. The spot price of corn is 2305.71 yuan / ton, the futures price is 2396 yuan / ton, the base difference is-90 yuan / ton, the basis rate is-3.90%; the spot price of corn starch is 3058 yuan / ton, the futures price is 2819 yuan / ton, the basis price is 239 yuan / ton, and the basis rate is 7.82%. [basis calculation method] Note: basis = spot price-futures price. The basis data provides investors with important information about the difference in futures prices, and is of reference value for market analysis and trading decisions.