It is too early for human intervention in grain and oil prices

Introduction: the authoritative monitoring data shows the increase The authoritative monitoring data shows the increase The price monitoring center of Nanjing Price Bureau provided the express yesterday with the price monitoring table of finished grain and related commodities on that day (October 29), and published the authoritative data of the prices of main grain and oil commodities in Nanjing market on that day In addition to listing the market sales prices of main and non-staple foods, the retail prices of supermarkets have also been increased; in addition, the monitoring center has also provided a market sales price of main main main and non-staple foods on September 15 this year The price of grain, oil and food in that month is basically stable, and there is no obvious fluctuation By comparing the prices of the same commodity in the past month or more, we can analyze their increase Zhang Xueqing, chief of the monitoring section of the price monitoring center of Nanjing Price Bureau, said that the price fluctuation of grain and oil products started on October 16 The response of each stage in the whole fluctuation period was different, and it was intense in the early stage, mainly because the price of edible oil rose obviously Then, the main fluctuation varieties kept rotating, rice, pork, eggs The change of one variety drives the change of another, which has a certain chain reaction But up to now, the varieties with severe fluctuations in the early stage have gradually recovered to a stable level For example, the price of edible oil has not changed greatly for several consecutive days The price monitoring center of Jiangsu Province of IEC analyzed the price of soybean and edible oil which increased significantly this time It is reported that on October 15, compared with the beginning of September, the ex factory prices of grade II soybean oil, salad oil and bean paste rose by more than 30%; the ex factory prices of grade II vegetable oil and vegetable paste rose by more than 20% The price monitoring center of Jiangsu Province of IEC analyzed the price of soybean and edible oil which increased significantly this time It is reported that on October 15, compared with the beginning of September, the ex factory prices of grade II soybean oil, salad oil and bean paste rose by more than 30%; the ex factory prices of grade II vegetable oil and vegetable paste rose by more than 20% IEC has not exceeded the highest level ever According to the provincial and municipal price departments, grain and oil prices have been in a relatively stable state in the past decade, but there was a relatively large fluctuation around 1997 Compared with that one, the current fluctuation has not exceeded the range and level at that time For example, the price of eggs once reached a historical high of 4.2 yuan per Jin in 1997, but this year, despite rising and rising again, it has not yet More than 3 yuan per Jin In 1997, the price increase of grain, oil and food was basically a normal reflection of the initial reform of price management system when the price of grain and oil market was just opened Today, the grain and oil market is relatively mature, and prices can be adjusted timely according to the supply and demand situation With the change of the supply and demand relationship, the rise and fall are normal phenomena It's too early for IEC to intervene in price IEC "in the final analysis, this price rise is still the hand of the market." According to the analysis of the price department, the price rise of grain and oil this year is mainly due to the short-term shortage of soybean raw materials More than half of China's soybeans are imported Due to the reduction of soybean output in the United States, the domestic oil price is rising The rise of pork price is also related to the relationship between supply and demand First, affected by SARS, the number of pigs on hand is significantly reduced Coupled with the rise of grain price, the price of pig feed is also rising, so pork can't be cheap In addition, the prices of main and non-staple food are basically closely linked When the prices of oil, grain and pork rise, eggs and tofu will also be affected naturally Therefore, under the premise of "market function price", the price of grain and oil is very normal At present, the fluctuation range is completely within a reasonable range, and the market supply of all kinds of main and non-staple food is still sufficient In this regard, the price department said that at present, it is not necessary to take price intervention measures to artificially regulate market prices If there is a similar phenomenon of partial food out of stock or double the price during the SARS period, the government department will use multiple means to stabilize prices and ensure supply according to the plan Li Songqing, director of the comprehensive Department of Jiangsu Price Bureau of IEC, thinks that the fluctuation of grain, oil and other main and non-staple food prices will have a certain impact on the price index and may cause a certain pull But it's not necessarily a bad thing In the past two years, the price index has been in a state of operation, which has been detrimental to economic development The fluctuation of grain and oil prices may promote its reasonable recovery However, the specific impact is still unpredictable, because the main and non-staple food prices are only one part of the overall price index after all If the prices of other components fall, there may be offsetting phenomenon Li also suggested that consumers should rationally deal with the current rising prices of staple and non-staple foods, avoid artificially creating tensions and provide opportunities for illegal traders IeC