国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Economy

China raises rice purchase prices

(Xinhua) Updated: 2012-09-05 09:14

BEIJING -- China's top economic planning agency said Tuesday that it will raise the minimum purchase prices for mid-season and late rice in 2012, as severe droughts in the United States and other grain-producing countries have driven up food prices in the global market.

The minimum purchase price for mid-season and late indica rice will be raised to 2.5 yuan (39.4 cents) per kg, up 16.82 percent from a year earlier, according to a statement by the National Development and Reform Commission.

Meanwhile, the minimum purchase price for japonica rice will be set at 2.8 yuan per kg, up 9.38 percent from last year, according to the NDRC.

The new prices will be effective in Jiangsu, Anhui, Jiangxi, Henan, Hubei, Hunan and Sichuan provinces and the Guangxi Zhuang autonomous region from September 16 to December 31 this year.

In northeast China's provinces of Liaoning, Jilin and Heilongjiang, the new mimumum purchase price for rice will be applied from November 16, 2012 to March 31, 2013 due to different climate conditions, said the NDRC.

According to the scheme, if the market price of mid-season and late rice remains below the minimum purchase price for three consecutive days, the state-owned China Grain Reserves Corp. will intervene and buy the rice at the minimum purchase price.

China has raised its purchase price five years in a row to safeguard food security.

Rice and wheat are the two biggest grain crops in China. Domestic grain output rose to 571.21 million metric tonnes last year, marking the eighth consecutive year of growth.

The country's policymakers have been careful in encouraging farmers to plant more crops to ensure abundant food for China's 1.3 billion people, especially at a time when global grain prices have risen sharply due to droughts in the US and Russia.

The US Agriculture Department estimated that this year's corn harvest will drop 13 percent from last year to the lowest level seen since 2006 in the United States.

The disappointing projection has prompted world traders to build up their stocks and has pushed up corn prices over 50 percent since the end of May.

Other major grain producers, including Russia, Ukraine and Kazakstan, have also predicted shrinking grain production amid severe droughts this summer.

Grain prices rose 3 percent year-on-year in China in July, marking a monthly average growth of 4.1 percent since January, according to the National Bureau of Statistics.

China's summer grain output rose 2.8 percent year on year to reach 129.95 million metric tonnes this year, marking the ninth consecutive year of summer growth, according to the NBS.

Summer harvests account for about 30 percent of China's annual grain output.

Hot Topics

Editor's Picks
...
西乡县| 三明市| 全椒县| 公安县| 谢通门县| 双柏县| 雷山县| 孝昌县| 浦城县| 吉林市| 孟连| 丰原市| 志丹县| 陆河县| 临泉县| 海晏县| 凌云县| 安达市| 留坝县| 莆田市| 嘉峪关市| 鹤山市| 佛学| 县级市| 牡丹江市| 岐山县| 浙江省| 咸阳市| 平湖市| 县级市| 中超| 上高县| 绿春县| 巴林左旗| 来宾市| 麻栗坡县| 木兰县| 新乡县| 陕西省| 永修县| 化州市|