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Expert: oil prices are ordinary consumers do not panic - oil, rising oil prices - the food industry
The cooking oil in domestic Yihai giant COFCO recently confirmed, Yue Jin Long, Fortune Brands has notified the two major oil distributors nationally, some varieties of edible oil prices up about 10%, the product has a Bean major oil, mix oil, rapeseed oil and so on. The magazine also said that many national brands have received notification of the supplier increases prices. The follow-up this week, oil prices are indeed up. He also said that prices of edible oil market is about to inaugurate internal wave.

Chinese Cereals and Oils Association executive vice president of Rui Yuan (HC Network Food Industry With map)

Has been reported that edible oil prices may cause consumers rush to buy, store goods dealers such phenomena will lead to panic among consumers. The Chinese Cereals and Oils Association executive vice president of Rui Yuan said: ".. The rising price of oil is normal, no worries With rising commodity prices, higher oil prices is a normal phenomenon "Among the companies obviously can not blindly food prices. Linked to an oil farmers (raw materials), a joint consumers, prices should take the initiative to improve farmers' production and consumer affordability issues. "When we talk about how the right price increases when the president said Wang.

For some reports, "China's edible oil market manipulation by foreign investors, domestic firms have no pricing power," said Wang, president opposition: "how could people's lives in industry as a manipulation of one or more businesses. " Some reports refer to overseas? Wilmar, Kuok family business from overseas Chinese, Wang said that attracting new president of the local economic development, foreign invested enterprises have contributed to their development is supported, which supports the development of overseas Chinese. "In the current situation, oil prices in the normal range of price increases. If some extent, state policy intervention price will be established linked to the State take measures to control oil prices ". "Now it's really in need of attention and thought is caused by two issues: first, for a variety of building sites, land use and would reduce the amount of arable land, the the other is not migrant workers, many farmers are now farming, many areas were abandoned. These two issues are not well, will really affect the food security of China to come. "president showed the king his concerns.

Appeared in some cities this time "to supermarket shelves stripped almost empty oil" situation, President Wang said that "the public need not panic, the grain reserves of the state sufficient to protect public consumption, should be the normal attitude look at the price of edible oil. "

Related News: Cast: domestic prices of edible oil market is about to usher wave
The prices of groundnut oil price increases of raw peanuts and the price of peanut oil as the cause, the reasons for rising oil prices also reflect the cost of materials materials. Although prices of soybean oil has not reached the peak last year, soybean futures prices of oil, but since half of the second oil price increase soybean, from November, soybean prices have kept rising cost of oil prices on the rise.

In addition, the Chinese New Year and other holidays usually occur before the oil price increases circulation, edible oil will be the culmination of a wave of price increases because consumers pull holidays. But this time, some time earlier because of cost pressures and the business reasons for stocking. <Dedtailledes>

Prices of edible oil market, why the total being handled overseas?
"In general, companies with foreign capital into the Chinese market of edible oil has been put firmly in control of the hands.