The past six months, the price of industrial commodities stumble over copper from January to 61,000 yuan per ton, the highest of which plunged to around 55,000 yuan, a decrease of 10%; rebar price from $ 5,000 in a year ago about fell to the close of August 2, 3760 yuan, have fallen even more up to 24%; compared with the price of pork, rebar price per kilogram 1.88 yuan, while this year the price of pork has remained high, the basic catty 10 yuan or more, a lot of people exclaim: Rebar has been cheaper than pork!
Of even greater concern is that the beans prices of agricultural products in the past six months, a wave of sharp upward trend, mainly used for feed, soybean meal prices have risen from around 3,000 yuan per ton for 4156 yuan, or up to 38%. So puzzling, and behind it to reflect how the economy running?
The author believes that the price of steel is cheaper than the price of pork, and even cheaper than the phenomenon of feed prices, in fact, reflects the European and American financial crisis caused by the weak global economy context of the difficult and the government of China's current economic operation stimulate economic policy choice not big situation.
The decline in steel prices, the return of the value of infrastructure investment in both the amendments economic stimulus there is a huge increase in the factors that caused by the unreasonable price of steel rose, European debt crisis, economic downturn led to reduced global production activities caused by reduced demand factors.
The pork price and high prices of staple agricultural products, and money supply are closely linked. Since last year, the Government has taken various measures for raising the deposit reserve ratio, interest rates and tightening monetary, monetary growth is gradually returning to normal, but the stock of money is still very high. After the 2008 financial crisis, the Government introduced the follow-up effect of the 4 trillion economic stimulus continues to show, at the same time, countries around the world after the financial crisis launched a series of stimulus policies, and also put a lot of liquidity to the market. These liquidity-driven rise in food of pigs, piglets, labor costs and the price of pork.
Diminished in the current inflationary pressures, high pork prices, control inflation is the primary task of macroeconomic. Due to the higher proportion of pork price in the price, therefore, control the price of pork is one of the most important part of the regulation of prices.
We found that the steel price ups and downs with the good and bad times and inventory changes in a significant relationship. Therefore, while the economic downturn need economic stimulus, but also to keep inflation will not rise higher challenges to the introduction of the government's macro control policies.
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