The Development and Reform Commission's two -day shot for two days to stabilize pig prices. The industry is expected to rise to 2.4 % in June

Reporter Du Yumeng

It seems that it is most suitable for the recent increase in the price of pigs to be too fast. From the perspective of providing stability, the National Development and Reform Commission has recently been densely "shot".

On July 4, the Price Department of the National Development and Reform Commission organized industry associations, some breeding enterprises and slaughtering enterprises to hold a special meeting of the pig market guarantee and stabilized price. On July 5, the National Development and Reform Commission issued two news to focus on the pig market.

First, in response to the recent irrational behaviors such as blind selling fences in the pig market, the Price Department of the National Development and Reform Commission is studying the launch of the launch of the central pork reserves, and instructing the localities to jointly launch the reserves in a timely manner to prevent the price of pigs from rising excessively.

Second, the Price Department of the National Development and Reform Commission and the Dalian Commodity Exchange recently held a symposium to study and strengthen communication and cooperation, and jointly do a good job of stable and stable prices in the pig market.

In an interview with the Securities Daily reporter, Zheng Houcheng said in an interview with the "Securities Daily" that the sow storage column continued to decline since June 2021. Since the decline of domestic pork prices, my country's imports of pork have also maintained a downward trend as a whole. Furthermore, from the perspective of the period of the pig cycle, after nearly a year and a half of the decline, the market has a strong expectation for the inflection point of the pig cycle.

"In the context of the rise in price expectations, companies may have acts such as the launch of the fence, which has caused the short -term pig price to rise rapidly." Zheng Houcheng said.

The latest monitoring data of the Ministry of Agriculture and Rural Affairs shows that as of 14:00 on July 5, the average price of pork in the national agricultural wholesale market was 26.69 yuan/kg, an increase of 3.7%over the day before. In the short term alone, this price has risen about 26%compared to 21.17 yuan/kg on June 1.

Faced with the recent rapid rise in the price of pig pigs, after the aforementioned symposium agreed, the Price Department of the National Development and Reform Commission will work closely with the Dalian Commodity Exchange to further improve the working mechanism and form a joint effort, strengthen the supervision of the spot futures market, and check in time to investigate in time Different transactions, strengthen penetrating supervision, severely crack down on illegal acts such as the fabrication of prices, hoarding, raising prices, and malicious speculation, and effectively ensure the smooth operation of the pig market.

my country is the world's largest pork producer and consumer country. The change in pork prices is undoubtedly directly related to the consumption expenditure of the masses. Feng Lin, a senior analyst at the Ministry of East Jincheng Research and Development Department, said in an interview with the Securities Daily that due to a certain rigidity of pork demand, the main impact of the increase in pork prices on the macro economy will promote the overall CPI to accelerate, and then push up Domestic inflation pressure.

From the perspective of June, according to data monitored by the Ministry of Agriculture and Rural Ministry, the average price of pork in the national agricultural wholesale market rose by about 14%. In this regard, Zheng Houcheng predicts that the probability of CPI in June is from May.

Chi Guangsheng, the chief solid income analyst of Anxin Securities, predicts that the year -on -year increase of CPI increased from 2.1%of the previous value to near 2.4%.

Speaking of the Price Department of the National Development and Reform Commission, the Price Department of the Development and Reform Commission is studying the launch of the central pork reserves. Zheng Houcheng said that from historical experience, it will suppress the price of pork from the perspective of market emotions and supply and demand mechanisms in the short term, but from the mid -term perspective, in the mid -term, It is expected that the suppression of pork prices is limited.

"This time the National Development and Reform Commission regulates the price of pigs, the purpose is to crack down on irrational behaviors such as blind fences and malicious hoarding speculation, and release signals to suppress the rapid rise in pig prices and maintain the smooth operation of the pig market. Slowing. "Feng Lin said that, in addition to the impact of the policy -oriented price supply, the price of the pig cycle in this round lack of swine fever epidemic catalysis, and it is difficult to drive the price to continue to rise significantly by production capacity.

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