Wheat prices are generally stable with narrow fluctuations, and prices in main producing areas show no significant volatility.

Wheat prices remain generally stable with narrow fluctuations, and prices in main producing areas show no significant volatility, as the market enters the pre-holiday price stabilization period. On the supply side, policy-driven wheat continues to be released, resulting in an overall ample grain supply; on the demand side, flour companies’ pre-holiday stock replenishment is basically complete, with many factories gradually stopping procurement and shutting down for holidays, leading to a significant cooling in trading activity. Farmers’ willingness to sell grain is relatively weak, traders mainly observe, and market transactions are dull. (My Steel Network)