• DAILY UPDATES
  • MARKETS
    • Forex
    • CFDs
    • Spot Metals
    • Indices
  • ANALYSIS
    • Fundamental Analysis
    • Technical Analysis
  • ARTICLES
No Result
View All Result
FTD Limited
  • DAILY UPDATES
  • MARKETS
    • Forex
    • CFDs
    • Spot Metals
    • Indices
  • ANALYSIS
    • Fundamental Analysis
    • Technical Analysis
  • ARTICLES
No Result
View All Result
FTD Limited
No Result
View All Result

China Urges People to Increase Food Stocks for Winter

FTD Limited by FTD Limited
November 2, 2021
Reading Time: 2 mins read
A A
China Urges People to increase food stocks for winter
0
SHARES
50
VIEWS
tweetpostshare

In China, the government’s call to local administration to ensure adequate food supplies in the winter season and encouraging the public to increase their stocks raised concerns.

The Ministry of Commerce on Monday morning asked local governments to stabilize prices for this winter and next spring and ensure the supply of daily essentials, including vegetables. The Chinese people were also encouraged to increase their stocks for daily necessities, for winter months, or for emergencies.

This statement is similar to the announcement in September, before the holiday week, asking local governments to ensure food supply and stable prices during the holiday. However, this new call has triggered speculation that the situation is linked to the escalating coronavirus pandemic, which has led to new lockdowns and travel restrictions after the problem has spread to half of the country’s regions.

The headline “Ministry of Commerce encourages people to increase stocks as necessary for their daily essential needs” on Weibo, China’s Twitter-like social media platform, was viewed 17 million times on Tuesday. Some of the comments were that the food stockpiling call was related to plans for an attack on Taiwan. Some of the comments expressed concerns that extreme weather conditions are negatively affecting vegetable production and transportation.

Vegetable prices have already risen in recent weeks, and some cases even higher than meat prices. Heavy rains have flooded key production centers in the country’s north and caused flooding in Shandong’s most crucial production hub.

Learn more about us
Tags: Chinafood
TweetShareShareSend
Previous Post

US Regulatory Call for Stablecoins

Next Post

US-OPEC Tension Continues

Related Posts

Silver’s Momentum Eases as Sell Signals Accumulate
ANALYSIS

Silver’s Momentum Eases as Sell Signals Accumulate

Inflation in Tokyo is at its highest in 40 years
DAILY UPDATES

Inflation Slowed in Japan

Asian stocks fell
DAILY UPDATES

Asian Stocks Fall After Fed

Fed's biggest interest rate hike expected
DAILY UPDATES

Fed Raises Interest Rates in Line With Expectations, Signaling a Continuation of Increases

Big Interest Rate Hike Expected in the UK
DAILY UPDATES

UK Inflation Hit Double Digits by Surprise

Important statements from ECB President Christine Lagarde
DAILY UPDATES

Lagarde: Eurozone Banking Sector is Resilient

Next Post
Gas price

US-OPEC Tension Continues

You might also like

CFDs vs Futures: Understanding the Key Differences to Make Informed Trading Decisions

CFDs vs Futures: Understanding the Key Differences to Make Informed Trading Decisions

trading strategy

7 Steps to Create a Successful Trading Strategy

algorithmic trading

A guide to creating a successful algorithmic trading strategy

Algorithmic trading in forex, cfds and indices

Basics of Algorithmic Trading: Concepts and Strategies

FTD Limited offers Introducing Brokers Program

How to become an introducing broker? Learn easy in 4 steps

Psychology of trading plays a vital role in one's trading decisions

Trading Psychology: How to Build a Successful Trading Mind

Recent Posts

  • Silver’s Momentum Eases as Sell Signals Accumulate
  • CFDs vs Futures: Understanding the Key Differences to Make Informed Trading Decisions
  • Core Inflation Increased Downward Potential of USDJPY
  • Inflation Slowed in Japan
  • Federal Reserve Takes Action to Address Banking Sector Issues and Inflation
FTD Limited

The content of the site is presented for informational purposes only not to give any investment advice which mainly focuses on financial instruments such as Forex, Spot Metals, CFDs, and Indices.

MENU

  • DAILY UPDATES
  • MARKETS
  • ANALYSIS
  • ARTICLES

Latest Articles

  • Silver’s Momentum Eases as Sell Signals Accumulate
  • CFDs vs Futures: Understanding the Key Differences to Make Informed Trading Decisions
  • Core Inflation Increased Downward Potential of USDJPY

Subscribe to our newsletter and get notified about the next update.

    © 2021 FTD Limited

    FTD Articles is a website prepared by FTD Limited's research team. FTD Limited is an online brokerage company offering products of Forex, Spot Metals and CFDs.

    The ideas and the information shown here have no responsibility of any of the trading decisions made by the investors or the visitors of this site. Therefore, under no circumstances will FTD Limited nor FTD Articles be held responsible or liable in any way for any claims, damages, losses, costs or liabilities resulting or arising directly or indirectly from the use of website content. We recommend that you seek advice if you have not involved with trading before in order to prevent potential risks that may arise.

    No Result
    View All Result
    • DAILY UPDATES
    • MARKETS
      • Forex
      • CFDs
      • Spot Metals
      • Indices
    • ANALYSIS
      • Fundamental Analysis
      • Technical Analysis
    • ARTICLES

    © 2021 FTD Limited

    FTD Articles is a website prepared by FTD Limited's research team. FTD Limited is an online brokerage company offering products of Forex, Spot Metals and CFDs.

    The ideas and the information shown here have no responsibility of any of the trading decisions made by the investors or the visitors of this site. Therefore, under no circumstances will FTD Limited nor FTD Articles be held responsible or liable in any way for any claims, damages, losses, costs or liabilities resulting or arising directly or indirectly from the use of website content. We recommend that you seek advice if you have not involved with trading before in order to prevent potential risks that may arise.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.