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It is understood that, in May, just garlic, green beans and other agricultural prices rose incredibly fast time, corn prices are going up steadily increased, reaching about one dollar a pound a record high, so "crazy corn" in the title of unexpected and to.
According to data released by the Ministry of Agriculture, corn prices in February last year has been to maintain gains from, or as high as 33.3%.
The third week in May this year, the national average price of corn has risen to 2 yuan per kilogram, up 26.9% year on year, Dalian corn on May 24 index also reached a new high of 1977 points.
Another data shows that close by the end of May, our standard grade of cotton, the average sales price of more than 17,000 yuan / ton, compared with the beginning of 14,500 yuan / ton up nearly 18%, the price has hit a record high since 2004.
In addition, from January to April this year, cotton prices up an average monthly increase of about 32%.
Unusual fluctuations in food prices inflation is expected to bring enormous pressure on management, in April China's consumer price (CPI) rose 2.8%, agricultural prices is the main promoter.
Chinese Premier Wen Jiabao has pointed out that inflation control is still the focus of China's future economic policy one, "in controlling prices of agricultural products, CPI on brought under control."
May 18, the State Grain Administration officials said that if corn prices surge dramatically speed is not normal.
States are fully capable of ensuring the market supply and stabilize the market price will be based on market conditions and regulatory policies and measures needed to be put.
"This shows the government's determination to promote economic structural adjustment is very firm. Meanwhile, the elimination of export tax rebate of products including agricultural products previously part of the price surge, which shows part of the state regulation of prices of agricultural products rose too high too fast determination . "Galaxy Futures analyst said.
Shun Heng Securities Shun Kun Securities analyst also pointed out that alcohol is relatively low and corn starch deep processing industry of agricultural products.
Over the past year, the domestic feed and corn processing demand, relatively tight domestic corn supply, corn prices have quickly risen more than 20%.
Meanwhile, domestic enterprises are starting to import U.S. corn feed.
Although the corn deep processing only the total consumption of corn 1 / 3 smaller proportion of corn starch exports.
However, the marginal, the abolition of corn starch 5% export tax rebate could partially alleviate the pressure on corn prices.
more...
It is understood that, in May, just garlic, green beans and other agricultural prices rose incredibly fast time, corn prices are going up steadily increased, reaching about one dollar a pound a record high, so "crazy corn" in the title of unexpected and to.
According to data released by the Ministry of Agriculture, corn prices in February last year has been to maintain gains from, or as high as 33.3%.
The third week in May this year, the national average price of corn has risen to 2 yuan per kilogram, up 26.9% year on year, Dalian corn on May 24 index also reached a new high of 1977 points.
Another data shows that close by the end of May, our standard grade of cotton, the average sales price of more than 17,000 yuan / ton, compared with the beginning of 14,500 yuan / ton up nearly 18%, the price has hit a record high since 2004.
。
In addition, from January to April this year, cotton prices up an average monthly increase of about 32%.
Unusual fluctuations in food prices inflation is expected to bring enormous pressure on management, in April China's consumer price (CPI) rose 2.8%, agricultural prices is the main promoter.
Chinese Premier Wen Jiabao has pointed out that inflation control is still the focus of China's future economic policy one, "in controlling prices of agricultural products, CPI on brought under control."
May 18, the State Grain Administration officials said that if corn prices surge dramatically speed is not normal.
States are fully capable of ensuring the market supply and stabilize the market price will be based on market conditions and regulatory policies and measures needed to be put.
"This shows the government's determination to promote economic structural adjustment is very firm. Meanwhile, the elimination of export tax rebate of products including agricultural products previously part of the price surge, which shows part of the state regulation of prices of agricultural products rose too high too fast determination . "Galaxy Futures analyst said.
Shun Heng Securities Shun Kun Securities analyst also pointed out that alcohol is relatively low and corn starch deep processing industry of agricultural products.
Over the past year, the domestic feed and corn processing demand, relatively tight domestic corn supply, corn prices have quickly risen more than 20%.
Meanwhile, domestic enterprises are starting to import U.S. corn feed.
Although the corn deep processing only the total consumption of corn 1 / 3 smaller proportion of corn starch exports.
However, the marginal, the abolition of corn starch 5% export tax rebate could partially alleviate the pressure on corn prices.
more...
