Supply to ensure stable grain price

Chinese agricultural experts yesterday said the country has sufficient grain reserves to keep food prices stable and foresaw no major fluctuations in the country's grain prices.

"Although global grain prices have continued rising rapidly since 2007, the prices in China have grown steadily and with a small range of fluctuation," Ministry of Agriculture expert Yang Jian was quoted by People's Daily as saying.

Larger grain reserves created by expected output increases and State price controls would secure a stable grain price, Yang said.