Rice imports seen soaring in wake of disasters

0 CommentsPrint E-mail Global Times, August 13, 2010
Adjust font size:

Economists and analysts Thursday downplayed concerns over food security following a reported surge in rice imports from Vietnam since May, amid fears that this year's droughts and floods in China may affect grain production and push up prices.

Reuters quoted Vietnamese rice traders on Tuesday as saying they have exported 600,000 tons of rice to China since May. And the Vietnam Food Association said much of those shipments were going to buyers in southern China hoping to offset a rice shortage resulting from severe drought.

The group said the shipments were "unusually big orders" from China, the world's largest rice consumer and producer.

That 600,000 tons, if accurate, is more than three times the total amount of rice the Chinese government says was imported into the country during the first six months of the year.

Neither the Chinese Ministry of Agriculture nor the Ministry of Commerce would confirm the report Thursday.

Zhu Jianfang, a chief economist with CITIC Securities, told the Global Times Thursday that if the number is accurate, "imports of some 600,000 tons of rice from Vietnam will not have any impact on China's rice reserve, because 95 percent of the rice in the Chinese market is provided domestically."

"Importing rice from Vietnam is expected to enrich the variety of rice in the domestic market," he added.

The latest figure released by the Ministry of Agriculture showed that China's rice imports in the first six months were up 44.3 percent, year on year, totaling 174,000 tons. By contrast, rise exports dropped almost 25 percent.

Food-security concerns have been raised, given that domestic grain prices are expected to be pushed up as this year's domestic agricultural production has been affected by natural disasters, including drought and floods.

"Compared with last year, the production of early-season rice fell," Niu Dun, vice minister of agriculture, was quoted by the Xinhua News Agency as saying Thursday. "A good harvest of crops mainly depends on the autumn grain harvest, including second-season rice and corn."

Wang Guozhi, an official with the provincial government of Heilongjiang, a major grain-production base in China, told the Global Times that "the amount of imported rice from Vietnam is small, especially compared with the more than 10 million tons of rice produced in Heilongjiang Province per year.

Wang said the rice output from Heilongjiang accounts for about 30 percent of the country's total.

Wang said that a variety of grain sources, and a small amount of rice imported, are actually good for the market, helping it deal with emergency situations such as disastrous weather.

Vietnam is the world's second-largest rice exporter after Thailand.

Wang Jimin, a researcher with the Chinese Academy of Agricultural Sciences (CAAS), told the Global Times that "some buyers may speculate as they anticipate that prices may be pushed up because of natural disasters."

The Guangzhou Daily quoted a Thailand source familiar with rice exports as saying Thursday the "low price of Vietnamese rice is a dominant factor that has won the hearts of Chinese buyers."

But Chinese demand could hardly result in a sharp impact on the domestic rice supply of Vietnam, Wang said.

Vietnam Food Association (VFA) Chairman, Truong Thanh Phong, said Tuesday that "the Chinese market is an unknown, because we don't know how large their rice shortage is," implying a warning of a possible shortage in his country, according to the association's website.

The VFA has asked food companies to cap rice export levels and keep prices unchanged, Vietnamese media reported Thursday. The association also asked its member enterprises to ensure rice stock for market stabilization.

Tran Tien Khai from HCM City Economics University urged verification of the large VFA figure of rice sold to China to "avoid creating unreasonable worries," local media reports said.

"I personally do not believe that within such a short time, one month, Chinese importers could purchase such a big volume of rice," he argued.

Print E-mail Bookmark and Share

Go to Forum >>0 Comments

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 女人182毛片a级毛片| 日韩成人免费aa在线看| 六度国产福利午夜视频黄瓜视频| 麻豆国产精品va在线观看不卡| 国产精品毛片一区二区三区| 99精品欧美一区二区三区| 尹人香蕉网在线观看视频| 久久97久久97精品免视看秋霞| 日韩爱爱小视频| 亚洲人成网站999久久久综合| 欧美视频在线观看网站| 人人公开免费超级碰碰碰视频 | 成人精品一区二区三区中文字幕| 久久国产精品久久精品国产| 最新中文字幕在线资源| 国产在线精品99一卡2卡| 最新精品亚洲成a人在线观看| 国内精品伊人久久久久av影院 | 公和我在厨房好爽中文字幕| 老司机午夜视频在线观看| 国产乱子伦精品无码码专区| 高清无码视频直接看| 国产成人无码精品一区在线观看 | 99视频精品全国在线观看| 好爽好多水小荡货护士视频| 三男挺进一女爽爽爽视频| 成年福利片120秒体验区| 丰满上司的美乳| 日日操天天操夜夜操| 久久久久久综合| 日本一在线中文字幕天堂| 久久久久女人精品毛片九一| 日本精品a在线| 久久国产综合精品欧美| 日韩乱码人妻无码中文字幕久久 | 天堂在线免费观看| 久久丫精品国产亚洲av| 欧美日韩在线不卡| 亚洲理论片中文字幕电影| 波多野结衣忆青春| 亚洲福利在线视频|