Since the beginning of this year, under the disturbance of the epidemic file bag and international emergencies, commodity prices have fluctuated at a high level, and the impact on my country has already appeared. Wei Qijia, director of the Industry Office of the Forecast Department of the State Information Center, said in an exclusive interview with a reporter from the Financial Associated Press that global commodities are “rising a lot”, and domestic supply and stable prices may be normalized document bag plastic.

Wei Qijia pointed out that commodity prices have the dual attributes of commodities and finance. Therefore, a two-pronged approach should be adopted in coping with the rising commodity prices. From the perspective of commodity attributes, we must increase efforts to ensure supply and stabilize prices, and do a good job in domestic supply. In terms of financial attributes, it is necessary to do a good job in market supervision, etc., to ensure the stability of market expectations.

Global commodities are “rising”, and domestic prices are relatively stable

Since the beginning of this year, factors such as the overly loose global monetary environment and geopolitical conflicts have jointly pushed up the prices of global commodities and important materials. In terms of agricultural products, international grain prices such as corn and wheat have risen sharply, and some agricultural products and agricultural materials (such as fertilizers) in my country have also experienced linked increases. Data show that in April, the national market price of edible agricultural products rose by 2.1% month-on-month.

In terms of energy, in March, the international energy price index rose by 24.1% month-on-month, and the non-energy price index rose by 8.1% month-on-month. The total index hit a new high in recent years. In the field of basic industries, the prices of means of production in the ex-factory prices of industrial producers remained high, increasing the pressure on the operating costs of downstream enterprises.

Wei Qijia believes that the effect of this round of international bulk commodity price hikes is gradually expanding from agriculture to industrial raw material inputs, and the market’s expectation of price increases for important international energy sources has been intensifying. , the current pressure on my country’s energy supply and price stability is not small.

“Judging from the current global economic situation, the pressure of inflation is very high, and this spillover effect is gradually transmitted to the country. Against such a large international background, it is very rare that we can keep prices within a reasonable range. Yes.” Wei Qijia said.

It is still necessary to keep supply and stable prices in a prominent position

Regarding the impact of the global commodity price increase on the domestic market in the later period, Wei Qijia believes that China has the ability to ensure the stability of the industrial chain and supply chain, so as to ensure the basic balance of supply and demand in the industrial field, but it is still necessary to ensure stable supply and stable prices.

He said that in the future, by increasing the supply of raw materials, effectively guiding raw material market expectations and other means, we should continue to do a good job in securing supply and stabilizing prices of bulk commodities, hedging the upward pressure on upstream raw materials, and delaying the transmission of external price increases to the country. Implementation wins valuable “windows”.

In addition, it is necessary to reduce the cost pressure of small and medium-sized enterprises and help small and medium-sized enterprises to withstand the pressure caused by the rise of upstream raw materials by intensifying the policy of reducing taxes and fees, and appropriately giving small and medium-sized enterprises such as burden-reducing assistance.

Multiple measures are taken to ensure stable supply and price, which may become normalized

Wei Qijia also pointed out that ensuring stable grain production and energy supply is the top priority of ensuring stable supply and stable prices. The impact of this round of skyrocketing international agricultural prices on my country is controllable. my country attaches great importance to food security. In recent years, agricultural production has increased year by year, and domestic food supply is sufficient. Recently, the state has introduced subsidy policies for many times to ease the pressure on agricultural production caused by rising prices of agricultural materials.

In terms of energy supply and price stability, the security of coal, electricity and other security supplies has become the focus. This year’s “Government Work Report” emphasized that it is necessary to ensure food and energy security, ensure people’s livelihood and the normal production and operation of enterprises, enhance domestic resource production and security capabilities, improve the national strategic material reserve system, and ensure the supply of primary products.

Recently, as foreign energy prices continue to rise, the National Development and Reform Commission has held several meetings to promote the release of production capacity and the work of ensuring supply and stabilizing prices.

Wei Qijia suggested that it is necessary to strengthen the tracking, monitoring and early warning of international bulk commodity prices, and timely respond to signs and tendencies. Closely monitor the changes in production capacity, do a good job in information disclosure and timely early warning, and ensure that the production capacity utilization rate operates within a reasonable range. Precisely ensure supply and stabilize prices, and continue to crack down on abnormal transactions, price hikes, and regulation of high market prices.

In addition, in the later stage, it is still necessary to give full play to the regulatory role of the government reserve market, increase market supply, ease the cost pressure of enterprises, and guide the reasonable return of prices. (Finance News Agency reporter Zhang Xiaochong)