Spot market conditions: On February 2, the state once again significantly increased the minimum purchase protection price for the 2012 rice production. It is expected that with the support of this policy, China's rice market will still have a positive long-term trend, especially in the absolutely weak and depressed Japonica rice market, where prices in some low-priced areas may slightly increase in the short term. The market's buying and selling situation is also expected to become more active. In Yushu, Jilin area, the super rice processing enterprises' procurement price with a rice output rate of 68% is 1.48~1.52 yuan/jin, and the rice ex-factory price is 2.18~2.20 yuan/jin. The general round-grain Japonica rice factory price with a rice output rate of 65~68% is 1.39~1.46 yuan/jin, and the rice ex-factory price is 2.08~2.10 yuan/jin. In Donghai area, Lianyungang, Jiangsu province, the ordinary Japonica paddy arrival price at the rice mill with a rice output rate of 67~68% is 1.38~1.40 yuan/jin, the polished non-selected Japonica rice ex-factory price is 1.88 yuan/jin, the selected white ex-factory price is 1.95 yuan/jin, and the transactions are sparse. In Anyang, Henan province, the wholesale price of the 2011 Northeast produced round grain Japonica rice is 2.20 yuan/jin, and the Anhui produced hybrid rice wholesale price is 1.83~1.90 yuan/jin, with sluggish demand.
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