China's grain price will rise steadily in the near future

Introduction: according to the price monitoring center of the national development and Reform Commission, China's grain price will rise slightly in the future, and it is expected that there will be a gap of about 50 billion jin of grain in 2004 According to China Securities News on August 13, the price monitoring center of the national development and Reform Commission believes that China's grain prices will rise slightly in the future It is estimated that there will be a gap of about 50 billion jin of grain in 2004 According to the analysis, although the increase of grain output in 2004 is not a problem, it is still difficult to achieve the balance of production and demand throughout the year Even though the annual grain output has reached the target of 910 billion jin, there is still a gap of about 50 billion jin in the annual grain demand of 960 billion jin Secondly, the lowest purchase price of grain supports and improves the overall level of grain price At the same time, the purchase price of grain in 2004 is higher, and the cost of grain storage and collection will further promote the price of grain in the later period In addition, the low grain inventory may drive the grain price to rise further As well as the increase of road freight and the tension of railway transportation capacity, the grain price will rise At the same time, it is pointed out that there is a certain volatility risk in grain price This is because in 2004, the implementation of the minimum purchase price of rice was relatively slow, and wheat did not set the minimum purchase price Many grain management enterprises hold a wait-and-see attitude towards the price trend of wheat market If the market appears the phenomenon of purchase under pressure, it may lead to price reversal