Yao Jingyuan: There is no evidence that a lot of hot money hype agricultural products

Source: Internet
Author: User
Keywords Hot money agricultural by-products not yet Yao Jingyuan
BCC network Beijing May 22 News (reporter Tisuping) according to the Voice of China, "national news broadcast" 18:42 reported that in recent times, all over the garlic, mung bean value increased.  There are rumors that a large number of hot money in the agricultural market, now grains overnight has changed the investment goods, however, the National Bureau of Statistics, the chief economist Yao Jingyuan that the price of cereals is mainly affected by the weather, there is no evidence that the large amount of floating capital into the agricultural products market. Before two or three yuan of green beans, now in the farmers ' market has risen to 10 dollars a catty. Even the most common garlic can only be bought now.  In the last one months, grains, agricultural and sideline products price fluctuation, the National Bureau of Statistics chief economist Yao Jingyuan that the weather factor is the main reason for price fluctuations: the main reason is still a climate, due to climate factors, so that the production and transport of crops have encountered difficulties.  Yao Jingyuan to a large number of hot money speculation on agricultural products do not agree: there is no evidence that the hot money into the field of our agricultural and sideline products.  In his opinion, the agricultural products are not the characteristics of the investment goods: it is a fresh product, shelf life, added value is not high. Garlic, mung bean and other agricultural products, the growth cycle is not long, as the price increases, the production will soon rise. Even in the short term, investing in fresh produce is not feasible in the long run. Yao Jingyuan stressed: This short-term hype may have, but it will not be around the overall situation.
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