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Domestic grain prices is difficult to influence by the international market fluctuations do not app by qmqm wang





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Domestic grain prices is difficult to influence by the international market fluctuations do not app by
Article Posted: 12/13/2010
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Domestic grain prices is difficult to influence by the international market fluctuations do not app


 
Business,Business News,Business Opportunities
This year's bumper harvest of staple foods in the world, the recent international market prices of major grain varieties of decline trend in grain prices in China will be the impact of ups and downs of international food prices? State Grain Administration Zeng Liying, deputy director of the Chinese economy today, a guest network through online interviews that the variety of China's major grain production and demand balance surplus, import and export of a limited number, so the domestic market prices by the international market was relatively small.

Said Zeng Liying, the Chinese Government has always attached great importance to food security, adhere to the basic food supply based on domestic security policy, to maintain food self-sufficiency rate of 95% or more over the years. Since 2004, the State further enhance the strong policy measures benefiting the agriculture, grain production output for five consecutive years, 2008, output reached 10 574 billion kilograms, per capita grain output reached 800 kg, with the exception of soybean production shortfall by imports, the wheat, rice and corn and other major cereal varieties more than balance production and demand, import and export of a limited number of three species, accounting for a very small proportion of world trade, so the domestic market prices by the international market was relatively small.

In addition, she also pointed out that in recent years the state has adopted measures to strengthen macroeconomic regulation and control of grain markets, and strive to maintain stable food prices, and achieved remarkable results. Last year the international market prices through a "roller coaster" type of ups and downs, but overall, the domestic grain market prices maintained a basically stable, although somewhat volatile, but much lower than the international market fluctuations.

The first half of last year, grain prices rose sharply when the international market, national authorities continue to arrange for policy in the food through the wholesale grain market on the basis of public auction sales, increased due course put the number of sales to determine the reserve price reasonable, effective prevention of domestic over rising grain prices.

Since late last year, due to higher domestic food production, coupled with the global financial crisis and sharp decline of international market prices and other factors, the domestic prices of the major downward pressure on grain varieties. To stabilize market prices, to protect the interests of farmers, the main producing areas in some countries, the timely implementation of the interim purchasing and storage and other policy measures. This year the state to continue in the main producing areas of wheat, rice minimum purchase price policy for wheat is improved substantially, the lowest price level of rice, vegetable oil seeds on the implementation of the prop acquisition policy. The implementation of these policies and measures for effective response to international market volatility in grain prices, grain prices to maintain a basic stability of the domestic market, will continue to play an important role. "Therefore, we maintain the basic stability of the domestic grain market is very confident." Zeng Ying said.

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