The price of raw pigs has risen and the national development commission has taken the lead。
On 4 july, in response to the recent rapid increase in the price of raw pigs, the ndc prices division organized a meeting of industry associations, some farming and slaughtering enterprises to conduct an in-depth analysis of the supply and demand and price situation in the pig production market, to study post-price trends and to look at how the pig production market can be protected for price stability。
Zhang zhang, a researcher at the centre for agricultural research and development of the ministry of agriculture and rural development of china, told the news that “generally, the ndc is more concerned when prices rise; when prices decrease substantially, they have a greater impact on production and the ministry of agriculture and rural affairs is more concerned. The former focuses on the impact on the macroeconomic situation, while the latter focuses on production and supply.”
According to data from the national statistical office, the price of raw pigs (other than three dollars) has risen for three consecutive months. In late june, the price of raw pigs (out of three) was $18. 3 per kilogram, an increase of $1. 9 per kilogram, or 11. 6 per cent, compared to mid-june。
It is in this context that the national commission on development (cnd) convened this meeting, which revealed what signals
The recent overprice of pigs has been more emotional or overstretched in part of the future
It was pointed out that the analysis had concluded that domestic pig prices had risen too rapidly in the recent past, owing in large part to irrational pressure on markets, such as sales and secondary fertility, and that some media, especially from the media, had fabricated a climate of high prices, which had increased market sentiment in the short term; that the overall production capacity of pigs was now reasonably adequate, combined with low consumption, and that the prices of pigs did not have the basis for a sustained and substantial increase; and that blind pressure bars and secondary fertility could lead to a subsequent surge in concentration and prices, which had led to a sharp fall in market prices, which was detrimental to normal production operations and to the long-term health of industries。
In an interview with a journalist, zhang xianxi stated that many farmers had seen an upward trend in the price of raw pigs, which had resulted in a lower level of motivation, further exacerbating the tension between the supply of and demand for pigs。
The chief expert in monitoring early warning for the pig industry of the ministry of agriculture and rural development, wang zu li, said to journalists that the recent surge in pork prices had been dramatic and, in basic terms, was at the beginning of a new cycle, that the price of pigs should indeed have risen. “but the recent period has been a little too fast, with consumption improving, with march-april being the weakest time for consumption, and consumption now beginning to increase seasonally, while the impact of the epidemic has diminished and consumption is generally recovering, but the recent rapid rise in pig prices is likely to have a greater emotional impact.”
“as far as the pig cycle is concerned, it is on the way to an increase, but the short-term increase is too rapid and should be interrupted by abnormal factors, which are not the price levels determined by normal market supply and demand relationships.” wang zuji said。
Wang zouli pointed out that imports in the first half of this year and the same period last year had been reduced by about two thirds, and that there had been a relative decline in the supply of pork, as well as a certain boost to confidence through successive rounds of storage by the commission, affecting the price of pigs. In his view, the recent increase in the price of pigs was a cumulative effect of a combination of factors, not of a single factor, but of emotions, which could not be ignored。
Wang zouli further noted that the emotional effects were mainly due to the fact that the farming industry also looked after the market, and that there was a high level of emotion and a high level of pressure on the stock market, while the existence of second fertility increased demand. He noted that the current short-term price of pigs might overspend some of the future rises, with an over-inflated component, and that further attention was needed to see whether the subsequent price could return to rationality。
Large pigs take the lead in unpressed hoarding, and the ndc will take measures such as reserve regulation in due course
At the meeting, the participants agreed to strengthen industry self-regulation, take the lead in securing prices for the pig market, maintain a normal out-of-barrel pace and hold stock; and recommend that the state take active measures to channel market rationality by placing reserve stocks of pork on the market in due course to “temperate” and strengthen market regulation, in particular by severely combating deliberate price rises and panic。
According to the price division of the national commission for development and reform, the state has been paying great attention to price changes in the pig and pork market, striving to prevent large price fluctuations and maintain a smooth functioning of the market; requiring large-scale farming enterprises to take the lead in maintaining a normal out-of-the-barrel and out-of-the-barrel and heavy-to-breed pig production, not to be blindly pressed; alerting companies not to hoard and raise prices and not to co-opt price hikes; making clear that effective measures such as reserve regulation, supply and demand regulation will be taken in due course to prevent the price of the pig and that market regulation will be strengthened in cooperation with the authorities concerned; and severely punishing the fabrication of irregularities, such as the dissemination of information on the price hike and the solicitation of prices, to maintain normal market order and to promote long-term health in the industry。
“if the price rises too fast, and in order to calm the rapid rise in the price of pigs and mitigate the misalignment between supply and demand at the stage, the future commission may be prepared to dump.” wang zuil said。
Since the beginning of this year, the state has been actively engaged in the collection of “tow-towns” and, according to the chinese storage network, 13 volumes of frozen meat have been collected。
