China News Service, July 5th. According to the WeChat public account of the National Development and Reform Commission, recently, the Price Department of the National Development and Reform Commission and the Dalian Commodity Exchange held a symposium to study and strengthen communication and cooperation, and jointly do a good job in ensuring supply and price stability in the live pig market.
The picture is from the WeChat public account of the National Development and Reform Commission
The meeting pointed out that my country is the largest pork producer and consumer in the world, and changes in pork prices are directly related to the consumption expenditure of the masses. Keeping the pig and pork markets running smoothly and the price level within a reasonable range will help stabilize the consumption expenditure of pork and promote the long-term healthy development of the industry. It is of great significance to keep the overall price level basically stable.
Recently, with the production capacity of live pigs generally reasonable and sufficient and the consumption of pork sluggish, the price of live pigs has risen rapidly, and all parties generally believe that there are irrational behaviors such as excessive slaughtering and secondary fattening.
It was agreed at the meeting that the Price Department of the National Development and Reform Commission and the Dalian Commodity Exchange will work closely with relevant parties to further improve the working mechanism, form a joint effort, strengthen the joint supervision of the spot futures market, timely check abnormal transactions, strengthen penetrating supervision, and crack down in accordance with the law. Fabricating and disseminating information on price increases, hoarding, price gouging, and malicious capital speculation, and other illegal activities, effectively ensure the smooth operation of the live pig market.
The meeting also studied related work such as ensuring the supply and price of iron ore and other bulk commodities, and strengthening the construction of the futures market.
(Zhongxin Finance)