Sunday, February 13, 2011

. Corn and rice futures followed

Flour prices by 15%

Reporters found that rising food prices have conduction to terminal restaurant, citizen's table. A citizen to tell a reporter, last 1.98 yuan/jins tdongbei rice, this year has been sold to 2.65 yuan/jins, rose, rose up to three 0.67 yuan into. A bag of flour by half price 70 to 80 yuan, multiple inflation rose $10, 15 per cent higher.

"Prices too much, the cost of this year than last year this time, at least a third, lest high rises again, can shut down!" Next crossing village runs a restaurant boss repeatedly northeast deng sighed. From before the Spring Festival to now, a month, small restaurant bills. "Rice, noodles price is more expensive, a third oil is the first one price, today 5.7 yuan/jins, tomorrow is 5.9 yuan, the day after tomorrow is 6 yuan."

Deng boss said 2006 "suddenly prices up, restaurant had to follow in price, but eating out were significantly less". By 2010, soaring prices began to decline, deng street stalls boss told reporters, there is necessity behavior, "this cookbook is six months ago, dumpling of adjusting all rose 2 yuan. If current mark-up, soon will move to just go. But to eat a meal of people have so little, return which dare move?"

Over the Spring Festival, nearby restaurant rental prices suddenly doubled, this gloom. "Many restaurant boss has been done for the worst, redo two months to see, if not, the door be switched".

Futures:

Wheat, corn and rice issuance

Be expected to push, agricultural products, prices of agricultural strands unexpectedly become after the Spring Festival, financial market hot, wheat, corn and rice futures after three major grain the first trading day rise considerably, wheat futures also appeared rare harden price including rising wheat corn main contract 2.23%, ZaoXianDao rising rising one-day 2.31%. Then the two trading, capital hype agricultural passion flesh.

The stock market, agricultural stocks soar after the Spring Festival, JinJian MiYe, the long flat high-tech agriculture and so on agriculture, huaying shares appear even successive harden price.

Spot the wholesale price of grain also move to maize as an example, according to Chinese grain information network monitoring data, after guangdong corn prices continued to rise, feb. 10, 15 percent moisture new corn clinch a deal the price within around 2200 yuan/ton, relatively had risen 30 ~ 40 yuan/ton. The spot market yesterday, guangdong market 15% within the mainstream of the transaction price moisture corn in 2230 yuan/ton, relatively eve rises 30 yuan/ton.

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