-
China's grain prices rank among the world's highest, and high-price market-support purchases have led to grain piling up in warehouses
China is not the world's most developed country, yet China's grain prices have for several years running remained higher than the international market. Large-scale grain and oil reserve purchases have kept China's grain prices rising steadily, and the China Grain Reserves Corporation (hereinafter "Sinograin"), which handles the grain and oil reserve purchases, has maintained a relatively
-
Market-support purchasing in a quandary, grain circulation urgently needs a breakthrough
Grain prices do not always rise or fall in a fixed pattern, yet the market-support price has kept climbing all the way, distorting grain market prices and weighing state-owned enterprises down more and more heavily. The current wheat market-support quandary is a textbook case, and reform of the grain circulation system urgently needs upgrading. In response to an eleventh consecutive increase in the summer grain harvest
-
Government market-support purchases leave 80% of rice mills in Northeast short of grain and shut down
The government spends hundreds of billions of yuan every year buying grain, with the original intention of protecting farmers' enthusiasm for growing grain, but it has disrupted normal market circulation and triggered many serious problems. Last year, after new rice came onto the market in the Northeast, processing companies all followed their usual practice and planned to buy a full year's raw materials within 6 months.
-
Sinograin Fully Deploys 2015 Wheat Market-Support Purchasing Work
Sinograin Corporation recently made a full deployment for the 2015 wheat market-support purchasing work. According to Sinograin Corporation, the National Development and Reform Commission and other departments recently issued the "2015 Implementation Plan for Minimum Purchase Prices for Wheat and Rice." The main features of this year's plan: First,
-
New wheat market-support purchase program launched, prices rising rapidly
As the wheat harvest in the main producing areas advances from south to north, the volume of new wheat coming onto the domestic market has continued to increase, yet new wheat prices have not declined; instead, they have risen rapidly over the past week. "When new wheat first came onto the market, the purchase price of newly harvested common wheat in the Zhoukou area was only 1.
-
2015 early indica rice market-support purchase launched, Sinograin officially opens the scale
With the approval of the relevant state departments, Sinograin Corporation launched the 2015 minimum purchase price purchase of early indica rice in the three provinces of Anhui, Jiangxi and Hunan starting from July 28, and in Hubei Province starting from July 30. According to the provisions of the state's "2015 Implementation Plan for the Minimum Purchase Price of Wheat and Rice," this year's minimum purchase price for early indica rice is 1.35 yuan per jin (national standard third-grade product), the same price as the previous year, and the purchase execution period runs until September 30.
条件筛选