日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

USEUROPEAFRICAASIA 中文雙語Fran?ais
Home / Fashion

Rice prices increase to record level

China Daily | Updated: 2008-04-04 07:30

Rice climbed to a record and corn traded near its highest ever on speculation the 3 percent annual increase in global demand for cereals will outstrip supply as governments curb exports to prevent protests.

Rice, the staple food for about 3 billion people, rose 2.4 percent in Chicago trading yesterday after doubling in the past year. Soybeans advanced for the third day and wheat gained. Crop supply has been reduced by drought in countries including Canada and Australia and a US freeze followed by excessive rain last year.

"A lot of what we're seeing at the moment is not related to production, but the fact that a number of countries are implementing trade restrictions," said Darren Cooper, a senior economist at the International Grains Council in London.

India and Vietnam have cut rice exports, and Indonesia has reduced import tariffs to protect food supplies and cool inflation. Rice in Chicago climbed 42 percent in the first quarter, more than all of last year's 33 percent gain. Record grain prices contributed to strikes in Argentina, riots in Cote d'Ivoire and a crackdown on illicit exports in Pakistan.

Rough rice for May delivery advanced to $20.26 per 100 pounds on the Chicago Board of Trade yesterday after the United Nations' Food and Agriculture Organization said global exports will drop 3.5 percent this year as nations curb sales. It was at $20.225 as of 11:38 am London time.

The World Bank estimates "that 33 countries around the world face potential social unrest because of the acute hike in food and energy prices", Robert Zoellick, the bank's president, said on the organization's website.

For these countries "there is no margin for survival", he said.

Commodity prices

Commodity prices are posting their seventh year of gains. The UBS Bloomberg Constant Maturity Commodity Index of 26 raw materials more than tripled in the past six years as global demand outpaced supplies of metals and crops. The Standard & Poor's 500 Index of stocks gained about 20 percent.

"The international rice market is currently facing a particularly difficult situation with demand outstripping supply and substantial price increases," said Concepcion Calpe, a senior economist at the Rome-based FAO, an agency that seeks to achieve global food security.

Pakistan, the world's fifth-biggest rice exporter, may ship 15 percent less of the grain this year after a power shortage affected milling of paddy, Mohammad Azhar Akhtar, chairman of the Rice Exporters Association of Pakistan, said by phone.

Corn for May delivery gained as much as 0.5 percent to $5.9875 a bushel. The commodity rose to a record $5.9925 a bushel yesterday on concern that rains in the US, the world's largest producer and exporter of the crop, will delay planting.

Agencies

(China Daily 04/04/2008 page17)

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 成人a视频在线观看 | 亚洲精品一区在线观看 | 国产丰满果冻videossex | 黄色1级毛片 | 亚洲蜜臀av乱码久久精品蜜桃 | 国产免费自拍 | 国产自产| 热热色av | 插入综合网 | 中文字幕 亚洲一区 | 亚洲精品网站在线播放gif | 鲁大师2在线观看免费播放高清 | 精品视频专区 | 国产免费一区二区三区四在线播放 | 婷婷俺来也 | 日韩国产成人在线 | 欧美福利片在线观看 | 超碰夜夜| 手机在线播放av | 丁香花五月婷婷 | 日韩一区二区三区视频在线观看 | 亚洲天堂中文字幕 | 久操视频免费在线观看 | 日韩乱论 | 茄子香蕉视频 | 午夜成人免费影院 | 欧美精品第二页 | 一本色道久久综合亚洲精品图片 | 热久久国产精品 | 亚洲永久av | 国产一区二区91 | av日韩一区 | 国内精品久久久久久久 | 欧美在线高清 | 久久久噜噜噜久久久 | 成人在线看片 | 自拍视频一区二区 | 欧美日韩免费在线 | 亚洲精品一区二区三区蜜桃久 | 亚洲va | 男人的天堂久久久 |