皇冠体育app

/ Mosaic

Bumper harvest may not bring down prices

By Yu Tianyu | 皇冠体育app Daily | Updated: 2008-07-02 07:47

Bumper harvest may not bring down prices

A bumper summer harvest would not help to ease the growth of the consumer price index (CPI) in 皇冠体育app. Domestic grain prices are expected to decline slightly in the short term due to the bumper summer harvest supply, but it is likely to rebound shortly after, said Jiang Xingchun, an analyst of Guoyuan Securities.

皇冠体育app's grain industry can only satisfy its domestic demands, as the country's grain reserves have been stable without any noticeable increases in the past years, Jiang said.

Although an improvement in people's living conditions has caused changes in food consumption patterns, the amount of grain used for feed has been gradually increasing, he said.

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to 皇冠体育app Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online

Registration Number: 130349
FOLLOW US