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[Financial] the Agri meat and eggs dish prices rose across the board price inflection point or ahead of the arrival of
2012-09-03 09:07:05
BEIJING, Sept. 3 (the Finance Channel Qin Chen) "domestic meat prices generally rose, retail food prices stable and up", "edible oil retail prices overall higher vegetable prices rose slightly, while the eggs retail prices continue to rise, but also to keep it with the title of "rocket egg" ... the Ministry of Commerce recently announced the latest market monitoring data show that people living close grain, oil, meat the eggs, and vegetables across the board bullish
In this regard, the State Information Center of Macroeconomic Research Office Niu Li BEIJING Finance Channel interview, the price rebound node will advance to the advent of the economy bottoming out point in time in the post-shift.
Major grain exporting countries S & P in case of severe drought domestic the Agri meat and eggs dish prices
Commerce Department data released on the evening of August 30, 20 to 26 August, the Commerce Department focused on monitoring the country's 36 large and medium-sized cities pork prices rose 0.8% compared with the previous week, but still down 22.7% year-on -year. Beef, mutton prices rose 0.6% and 0.2% respectively over the previous week. Small package of rice retail prices rose 0.3% compared with the previous week. Peanut oil prices rose 0.5% compared with the previous week, and up 8.2% from the end of March. Rapeseed oil, soybean oil prices rose 0.3% and 0.2% respectively over the previous week. 18 kinds of vegetables, WHOLESALE prices rose 1.2% compared with the previous week. The retail price of EGGS rose 3 percent compared with the previous week, but still down 2.8% year-on-year.
For rocket eggs trend, the Ministry of Commerce in the market analysis particular, expected late egg prices are still rising might.
BEIJING Finance Channel State Information Center of Macroeconomic Research Office Niu Li said, many major grain-exporting countries in the international market experiencing a severe drought, leading to the decline in food production, which is one of the reasons causing food prices. Bulk primary products , such as pig feed, corn prices, then prices may play a role, "he said.
Niu Li explains, the severe drought of the United States will inevitably lead to a drop in grain production, the specific cut figures can even derived, the same as a major food exporter, Russia, Argentina and other countries, have experienced decades of a serious drought, so the cut There is no doubt He pointed out that due to the high dependence on foreign soybeans, VEGETABLE oil Impact, relatively little ImPact on corn wheat. "Of course, the for products such as corn, because international prices have gone up , we may have a demonstration effect, it may be appropriate up a rose, this association. "
New Hope Group chairman Liu, Yonghao has also said that the withagriculture and animal husbandry less optimistic about the second half of the year. The severe drought of the United States will result in global grain production so that China's raw Materials and "futures" prices were rising trend He believes that the prices of raw Materials, the price of meat, eggs will rise, but in the short term may not be Increased substantially.
The price rebound node or the advent of early price rebound temporarily caused hyperinflation
August CPI will be released recently, and now, analysts expected the August CPI increase will likely rise to about 2%,
the upward pressure of the new price factors exist to increase the possibility of future price rebound.
In this regard, Niu Li, vegetables, meat, poultry, grain and other food prices the most important factors affecting the CPI. He said: "It now appears that the various indicators on the overall less than ideal, the the economy bottoming point in time in pushing back. Previously, we think that prices will bottom out in the third quarter, began to rebound in the fourth quarter. Now node may rebound a little earlier. "
He believes that prices will the Rebound moderately, but no danger of hyperinflation. "Now the economy is On the downward trend the while ago and people still worried that there is the risk of deflation, prices of moderate Rebound, will not immediately become hyperinflation but may lead to price rebound somewhat in advance. "
Feed prices will soar to push up the price of pork in the middle of next year or retaliatory up
snip
WHEN it comes to how long, it takes to reverse the this it later., Niu said: "This is likely to the continue for some time. "
Zhttp://finance.sina.com.hk/news/33452/2/1/5193795/1.html
[Financial] the Agri meat and eggs dish prices rose across the board price inflection point or ahead of the arrival of
2012-09-03 09:07:05
BEIJING, Sept. 3 (the Finance Channel Qin Chen) "domestic meat prices generally rose, retail food prices stable and up", "edible oil retail prices overall higher vegetable prices rose slightly, while the eggs retail prices continue to rise, but also to keep it with the title of "rocket egg" ... the Ministry of Commerce recently announced the latest market monitoring data show that people living close grain, oil, meat the eggs, and vegetables across the board bullish
In this regard, the State Information Center of Macroeconomic Research Office Niu Li BEIJING Finance Channel interview, the price rebound node will advance to the advent of the economy bottoming out point in time in the post-shift.
Major grain exporting countries S & P in case of severe drought domestic the Agri meat and eggs dish prices
Commerce Department data released on the evening of August 30, 20 to 26 August, the Commerce Department focused on monitoring the country's 36 large and medium-sized cities pork prices rose 0.8% compared with the previous week, but still down 22.7% year-on -year. Beef, mutton prices rose 0.6% and 0.2% respectively over the previous week. Small package of rice retail prices rose 0.3% compared with the previous week. Peanut oil prices rose 0.5% compared with the previous week, and up 8.2% from the end of March. Rapeseed oil, soybean oil prices rose 0.3% and 0.2% respectively over the previous week. 18 kinds of vegetables, WHOLESALE prices rose 1.2% compared with the previous week. The retail price of EGGS rose 3 percent compared with the previous week, but still down 2.8% year-on-year.
For rocket eggs trend, the Ministry of Commerce in the market analysis particular, expected late egg prices are still rising might.
BEIJING Finance Channel State Information Center of Macroeconomic Research Office Niu Li said, many major grain-exporting countries in the international market experiencing a severe drought, leading to the decline in food production, which is one of the reasons causing food prices. Bulk primary products , such as pig feed, corn prices, then prices may play a role, "he said.
Niu Li explains, the severe drought of the United States will inevitably lead to a drop in grain production, the specific cut figures can even derived, the same as a major food exporter, Russia, Argentina and other countries, have experienced decades of a serious drought, so the cut There is no doubt He pointed out that due to the high dependence on foreign soybeans, VEGETABLE oil Impact, relatively little ImPact on corn wheat. "Of course, the for products such as corn, because international prices have gone up , we may have a demonstration effect, it may be appropriate up a rose, this association. "
New Hope Group chairman Liu, Yonghao has also said that the withagriculture and animal husbandry less optimistic about the second half of the year. The severe drought of the United States will result in global grain production so that China's raw Materials and "futures" prices were rising trend He believes that the prices of raw Materials, the price of meat, eggs will rise, but in the short term may not be Increased substantially.
The price rebound node or the advent of early price rebound temporarily caused hyperinflation
August CPI will be released recently, and now, analysts expected the August CPI increase will likely rise to about 2%,
the upward pressure of the new price factors exist to increase the possibility of future price rebound.
In this regard, Niu Li, vegetables, meat, poultry, grain and other food prices the most important factors affecting the CPI. He said: "It now appears that the various indicators on the overall less than ideal, the the economy bottoming point in time in pushing back. Previously, we think that prices will bottom out in the third quarter, began to rebound in the fourth quarter. Now node may rebound a little earlier. "
He believes that prices will the Rebound moderately, but no danger of hyperinflation. "Now the economy is On the downward trend the while ago and people still worried that there is the risk of deflation, prices of moderate Rebound, will not immediately become hyperinflation but may lead to price rebound somewhat in advance. "
Feed prices will soar to push up the price of pork in the middle of next year or retaliatory up
snip
WHEN it comes to how long, it takes to reverse the this it later., Niu said: "This is likely to the continue for some time. "
Zhttp://finance.sina.com.hk/news/33452/2/1/5193795/1.html