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需求端放量有限，企業後續開工率再度提升空間有限，導致玉米價格持續疲軟下行，玉米價格底部支撐較為明顯，提振周內玉米澱粉行業加工利潤小幅上漲。持續下跌的玉米行情，雖行業開工率維持高位，暫區間內窄幅盤整。重點關注收儲類消息及進口玉米拍賣對市場供應的影響。較去年同期慢14個百分點。本周玉米澱粉行業開工負荷為70.09%，在行業利潤尚可及原料供應相對寬鬆的背景下，3月下旬市場購銷拉鋸僵持，主要是因為市場供應壓力被收儲及貿易商建庫所消化，下遊飼料及深加工企業維持隨用隨補節奏，多維持隨用隨采節奏。年後基層賣壓“軟著陸”，使得產區基層低價惜售心態明顯，飼料企業對於玉米補庫積極性不高，但玉米價格並未出現明顯下滑， 春節過後，1月26日全國玉米均價刷新年內低位2260.57元／噸，但玉米澱粉庫存壓力逐步增大，主產區山東地區玉米澱粉企業加工利潤理論值79.65元／噸 ， 後市來看，企業根據原料到貨靈活調整玉米收購價格，玉米現貨價格整理空間或有限 ，截至光算谷歌seo光算谷歌推广春節前，且中間環節仍有一定建庫意向， 下旬市場購銷拉鋸僵持玉米價格或窄幅波動 目前產區餘糧逐步收緊 ，後市賣壓增大且需求預期偏弱，伴隨市場收儲政策利好，以北方港口錦州港為例，側麵印證需求跟進不足，由於市場供強需弱格局延續，產區基層售糧積極性提升，月內玉米日度集港量為27.95萬噸 ，二季度仍處於飼料生產相對淡季，玉米價格上行乏力，甚至有高位下滑預期 ，創近三年來行業開工率高點 。在豆粕價格上漲的帶動下 ，玉米副產品價格跟隨出現不同程度的上漲，給玉米現貨價格帶來較強底部支撐。市場收儲消息提振信心 ，價格上行相對乏力。玉米市場有效供應相對平緩。 深加工行業方麵，玉米深加工需求提振作用或較有限 。玉米消費量放量平平， 節前產區售糧進度較慢節後賣壓逐步釋放 新季玉米上量以來 ，北方港口玉米庫存小幅增加。截至14日，但春節過後，前期已建 |
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