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    Yao Jian: The Pricing Power Of China'S International Trade Is Almost Collapse.

    2010/5/17 8:57:00 48

    Commodity

    "The pricing power of our country in the international trading system has almost collapsed."

    Yao Jian, a spokesman for the Ministry of Commerce, said yesterday that "a major problem facing China is the lack of pricing power for commodities".


    In the world commodity market, "China's demand" has become an excellent reason for the rise in commodity prices, and soybean, oil and iron ore have staged such a scenario.

    Facing the huge demand gap of resource commodities and the international pricing power controlled by international speculative funds, Chinese enterprises have a certain command of production, but the trade dominating power is far away from us. In building trade power, we obviously are "on the road".


    According to the analysis, the low concentration of industry is an important factor affecting the discourse right of raw material market in our country. At present, the main body of trade is too large and the average scale is small.


    In this regard, Yao Jian pointed out the three ways to break this dilemma: integrate the domestic market; make effective use of the anti-monopoly law and WTO rules; take advantage of China's big market position and adopt various financial means to enhance the influence on prices by establishing futures markets in China.


     

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