Dollar Tied "Price" Food And Clothing Line China Started Price War

In one year, 30 apples were bought for 100 yuan.

In one year, 90 eggs were bought for 100 yuan.

In a year, 100 yuan less bought 12 pounds of garlic.

From all over China, from soybeans to gold, from McDonald's hamburgers to motor fuel, prices from apples to eggs are rising.

Pessimistic people even say "all are floating clouds". They say they are waiting for the next humorous new word to appear. But no matter farmers or white-collar workers, small traders or big bosses, everyone begins to bow and tighten their pockets.

When the second round of quantitative easing policy, which affects the global financial market, is finally settled. The flood of the dollar is coming, which means that the cost of living will continue to increase the pressure on you. But only half a month later, the Chinese government responded quickly and surprised the outside world.

Just the day before yesterday.

A field

A cotton and hot clothing price

"Last year sold 35 yuan, this year sells 53 yuan.

They sell more but earn less. "

The rising price of clothing has made many people in the clothing business struggling.

The more money you spend, the less clothes you buy. The high price of clothing also makes people who are suffering from the rise of CPI complain incessantly.

Consumers: no discount, no shopping mall.

In fact, consumers are directly affected by price increases.

Miss Hu, a white-collar worker, has a monthly salary of 3500 yuan, and the dress principle is "you can accept it as long as you are right."

But now, she has become a discounted person who will not enter the mall. Otherwise, clothes are too expensive to wear.

Miss Hu said that in the first two days, she saw a ONLY down jacket in Zhongyou, which was similar to the one she bought last year.

Unexpectedly, last year, when buying 560 yuan, this year, the price of 790 yuan, up 200 yuan.

Last year's 2500 yuan b+ab long down jacket, this year Leng is up to more than 3000 yuan.

"If it was last year's price, it would bite and bite. Now the price is only enough to buy a down coat for one month, and you'll be hungry if you buy it."

Merchant: it has risen by 20%.

"After five or six years of clothing, I felt so miserable in the first year!" Hao Xiaoli worked in the Beijing zoo's Poly dragon clothing market. She talked about the current situation of her business, which was full of bitter water. Before that, the crowd was crowded, and there were three floors and three storey crowds filled with customers every day.

Since the price of clothing began to rise in October, there has been no previous busy scene.

Although many people choose before the booth, most of them buy less, especially after asking the price, two hundred or three hundred yuan a piece of cotton clothes, let everyone shake hands and walk away.

Hao Xiaoli said that although the annual clothing prices will rise slightly, but this year suddenly increased by 20%.

"Half of the winter clothes that come in, half of them are still on the stall!" Hao Xiaoli's words were full of helplessness.

Wholesaler: cotton cloth increased by more than 1 yuan per meter.

Shenzhen Wen Ke Er clothing trade firm specializes in wholesale apparel business. The wholesale price has been rising for nearly a month, so they have received many customers' bargaining.

The manager of the firm's Wen Ruyi told reporters that the customer phone recently received, without exception, will ask how much the price has gone up and how much more it will go up? Wen manager told reporters that a cotton jacket with three layers of cotton would be used, one layer would cost about 2 meters, and three layers of cotton would be equivalent to 6 meters for a piece of clothing.

At the present rate of increase, the price of cotton per metre has increased by more than 1 yuan, and it is almost 10 yuan by 6 meters.

Our wholesale prices have risen by 10 yuan, not to the downstream retailers.

Comparison of export garment profits before and after RMB appreciation

Before appreciation

In September 1st, a $15 garment was exported, equivalent to 102 yuan.

After appreciation

In November 10th, the exchange rate of RMB against the US dollar was 6.6450:

Settle accounts

The same value of a garment, equivalent to only 99 yuan, the evaporation of the cost of 3 yuan.

Export ten thousand pieces, the loss is 30 thousand yuan.

Expert analysis

Export benefits decrease and losses pass to domestic market.

Professor Wang Jun, School of economics, Capital University of Economics and Business, said that the continued depreciation of the US dollar is an important reason for the rise in international commodity prices in dollar terms, and is also an important reason for the strong trend of international cotton prices.

After the appreciation of the renminbi, when some of the exporters are specializing in export trade, the economic benefits gained in the process of export gradually decrease, and they lose the economic losses to the domestic market.

In some garment factories in Guangzhou, tens of thousands of garments originally used for export have been hoarded, some even up to hundreds of thousands.

If tens of thousands of garments are exported, hundreds of thousands of losses will be unavoidable.

As a result, a large number of overloaded export garments, the original price plus profit loss due to exchange rate changes, has caused the current situation of domestic clothing prices rising.

{page_break}

US dollar tied price

A Chinese cabbage ate my money.

Lao Qin, who lives in Jinsong, Chaoyang District, Beijing, likes to keep accounts. Every day, she has to write a diary in the diary.

Recently, Lao Qin had nothing to do with his account, but it surprised him.

Lao Qin pointed to the accounts of last November, saying that last year's green leafy vegetables were also 2 yuan, and this year it has gone up by five or six cents.

In this way, a family of five people had a meal of 20 yuan, at least 25 yuan this year to win.

"Over the course of the year, we spend more than five thousand or six thousand yuan on meals."

Lao Qin sighed and said, "I really don't know who let the money go."

Vegetable farmers: the money is not enough to fill the gap.

Lao Qin's query made Ma Wenjie, a vegetable farmer from Shouguang, Shandong, a vegetable City, feel the same way.

"Vegetable prices are rising every day, but we have no advantage in growing vegetables," Ma said. From vegetable gardens to shopping baskets, we often have to go through several links, including vegetable growers, vegetable vendors, wholesale markets and retailers. Every link wants to maximize profits and prices naturally rise.

For tomatoes, Shouguang's purchase price is 0.8 yuan / kg, although this price is higher than in previous years, but from the beginning of the year, the prices of seeds, fertilizers and pesticides are rising. The cost of planting alone is two or three higher than that of last year.

However, the number of vegetables that have traveled far and wide to Beijing has doubled to the price of the new market, which has been sold to 1.5 yuan / kg.

Peddler: he did earn money, but not a big head.

"We really made a little money, but it's not the big one," said Guo Kai, a vegetable vendor. The same problem has been explained by Lao Guo. He said that when the vegetable farmers sold two yuan a pound, the next level vegetable traders would increase their price by five yuan per catty on the market.

When the price of vegetables dropped to $1, a pound, after selling vegetables several times, when they sold out, they still had to add one yuan to five cents per catty.

"No matter whether the vegetable price rises or falls, the profits will always be guaranteed by vegetable traders, and vegetables and consumers will not be able to get enough money."

Lao Guo said, this is why they can make money.

"Transportation costs are rising and booth fees are rising. Can vegetable prices rise?" Guo Kai said. In fact, they did not make much money in the price increase.

Market: throw grievances on the United States

How big is the wave of vegetable prices? Maybe the market statistics department of Beijing new hair market can explain some problems.

In the week of from October 23rd to 29th, the weighted average price of vegetables in the new place decreased slightly, but increased by about 50% compared with the same period last year.

But for the soaring price of seafood, merchants simply threw their grievances to the United States on the other side of the ocean. Chen, who specializes in imported seafood, said that imported seafood was directly imported from abroad, which was generally priced in dollars and eventually settled in Renminbi or dollars.

Expert analysis

The rise in the price of vegetables is the biggest culprit.

Who pushed up the price of vegetables and seafood? Lv Wenguo of Shouguang Lok vegetable distribution company also buckled the chief culprit to the US dollar, because the United States was crazy about printing money, leading to rising international and domestic oil prices and higher freight rates.

"Now Shouguang's vegetable farmers all know that the United States has made global inflation," Li Xiao Guang, the marketing department of Shouguang Office of China vegetable net, regrets that even the film of the greenhouse has increased by more than ten yuan per kilogram.

From fertilizer, pesticides, seeds to labor costs, the entire industrial chain was driven up by the dollar.

Lv Wenguo also said that nearly 80% of the vegetable seeds in Shouguang market were imported from abroad, and most of the wholesale prices of intermediaries went up. Taking tomato seeds as an example, import prices rose by 40%~50%.

Fertilizer also increased by 40% compared with the same period last year.

Li Guoxiang, a researcher at the Institute of rural development of the Chinese Academy of Social Sciences, also said that China is a big consumer of agricultural products and has a high degree of dependence on the international market. Therefore, the price increase in the international market has played a catalytic role in the rise of domestic prices.

Dollar tied "price" and food

A soybean "tipping" to turn edible oil

In the past 1 months, the price of edible oil has been on an ascending roller coaster.

Not only does the soybean oil raw material break up thousands of tons per ton, but even the bottled cooking oil purchased by the people has risen in an all-round way.

Fatigue, anxiety, anticipation, all kinds of emotions affect everyone in the roller coaster of edible oil.

Supermarket: the goods were robbed when they were not on the shelves.

At the end of October, it was a busy day for Li Jing, who worked in the grain and oil Department of a foreign supermarket.

Replenishment, changing price tags, the last few days of October, he even dreams of yellow oil.

In the afternoon of the last few days of October, Li Jing mostly pulled flat trailers to replenish all kinds of brands of cooking oil, and made up 4 goods on the busiest day.

Sometimes, when the tow truck just entered the store, it was not ready to go to the rack until it was taken away by the customer.

Wholesaler: 10, earn 50 thousand yuan every day.

In this storm of cooking oil price adjustment, compared with Li Jing's labor, what is more worrying is Song Jun who does grain and oil business in Qiao Zhuang market.

In the past month, stockpiling of oil has not been hoarding, and shipments are still not available. The price hikes are still not rising, so that the more than 40 year old man in the northeast can't stop smoking every day.

During the Mid Autumn Festival, Song Jun advanced a batch of oil from the golden dragon fish, and originally wanted to sell up the new rice this year.

Unexpectedly, the price of edible oil began to skyrocket when the oil had just arrived for 3 days.

In the middle of 10 days in October, he made a net profit of 50 thousand yuan.

This amount is basically for 2 months or so for a medium-sized wholesaler like him.

Enterprises: raw material prices are rising too fast

Before October 22nd, the price increase of some products was nearly 20%.

Later, Fu Lin gate also raised the price of blending oil, up about 10%.

For the price increase, the benefit sea is that the price of international raw materials is rising too fast, and the enterprise can not bear the helplessness.

{page_break}

Expert analysis

Soybean price surge is the main reason

Liu Jingliang, director of the information center of a professional grain and oil wholesale market in Beijing, believes that the price of edible oil is rising. Besides the rising price of domestic agricultural products and the increase of soybean purchase price, the relatively low price palm oil is also unable to replace soybean oil in the market because of the cold weather, but the main reason is still rising import costs.

Li Guoxiang, a researcher at the Institute of rural economics of the Chinese Academy of Social Sciences, said that the loose monetary policy of the United States allowed international institutions to turn the US dollar into a large commodity that could be appreciated to hedge, and further stimulated the speculation.

Businessmen hyped up beans to ensure that the purchasing power of their funds will not shrink due to the depreciation of the US dollar.

US dollar tied price

A drop of oil triggering global inflation

Citizen Yang Lin's hometown in Tianjin, almost every month he drove home to see his parents.

Since last November, when domestic oil prices had risen sharply, Yang Lin came home with one more task: refueling.

"People say that different areas of oil products are different, they can not be mixed with each other.

But there's no way. The price of oil is here. Don't think about saving money. OK? I can only put a new box of oil in the bottom and try to mix it up a little.

Yang Lin also loves his car.

Oil prices rose when the US dollar was issued.

Yang Lin's troubles deepened since October 26th.

At 0:00 on that day, the price of domestic refined oil was raised. The price of No. 93 gasoline in Beijing market increased by 0.18 yuan per litre, and returned to the highest level of 6.92 yuan per litre.

Yang Lin, who was looking for a cheap gas station, did not notice that the Federal Reserve of the United States had printed six hundred billion US dollars in the days before and after the price rise. It was threatening to go to the market, and the crude oil prices in the international market had been "scared" for several days.

When the dollar goes down, the price of oil will rise.

Professor Dong Xiucheng, vice president of the school of business administration, China University of Petroleum, pointed out that as the international oil price was settled by US dollar, the US dollar went down and the oil price rose. Although the industry believed that the factors affecting oil prices also had economic trends and market speculation, the main reason for this round of rising oil prices was the depreciation of the US dollar.

Dong Xiucheng said that the impact of soaring international oil prices on us is not only the increase of refined oil prices. As oil is an important source of energy and industrial raw materials, high oil prices will also push the producer price index (PPI) up, and the rise of PPI will eventually be pmitted to the consumer price index (CPI), bringing enormous inflationary pressure to the countries all over the world, including China.