Wednesday, February 16, 2011

soybean oil prices are cost

The futures senior analysts expect this year China japonica supply and demand situation tight, soybeans, corn shortfall larger supply will also demand. From the disk analysis, wheat and sugar hind city will rise further intensifies, cotton rise may be somewhat curbed, but the whole surer don't change.

"Although China's agricultural its self-sufficiency rate is higher, if not including soybean, Chinese grain imports accounted for production percentage has long been does not exceed 5%. But because China's agricultural products in gross consumption is very large, so even a modest increase the rate of imports, also can become the international agricultural prices of a stimulus. Recently, LiGuoLin consulting industry, "said researcher who China's large imported goods, general foreign firms and government will raise market price, 1 to 2 years doubled is possible, its essence is a multinational capital on domestic agricultural a capital plunder."

Extreme weather into international agricultural prices of a big push

This year's global extreme weather multiple, enabling global crop become inevitable, support international agricultural shocks uplink. Citic researcher MaoChangQing to reporters list: Argentina drought influence with soybean and corn yield, America's drought made of wheat production worry about it, Australia flooding cotton production; From Russia increased the demand for sugar city form strong support, Domestic situation is not optimistic, DongMaiOu drought extreme weather frequency, the threat of new annual production, increasing market inflation expectations.

"Although the national regulation price policy goals clearly, but the effect of regulation is more through stabilise sentiment to control the speed of rising food prices rather than direction." MaoChangQing judgment, domestic corn, wheat and rice these three grain prices are expected to remain in the international regulation under mild rise, white sugar, cotton supply and demand the basic pattern has not improved tension, support and demand drive or will remain the price rise.

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