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China Price ・Expected Price Index of Grain and Oil
In order to strengthen grain and oil price monitoring and prediction, the Office of the National Development and Reform Commission issued a document on October 31, 2013, ordering that regular survey on wholesale expected price of grain and oil should be made countrywide and expected price indexof grain and oil should be compiled. From January 2014, regular survey on expected price of grain and oil should be made quarterly. In line with the compilation methods defined in the compilation plan of expected price indexof grain and oil, three indexes should be compiled, including the expected price indexof grain and oil, expected index of sales volume, and expected index of purchase quantity. Analysis reports should be written and submitted to leaders of the National Development and Reform Commission and relevant departments, and publicized via official website to guide social expectation.
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