No matter how many tons of grain are purchased, there is no violation of the law as long as they are registered for industry and commerce according to law and have the ability to purchase, store and sell. However, if the privately purchased grain exceeds 1 to 5 times the value of some grain, the administrative department for industry and commerce will cancel the qualification of privately purchased grain.
Many businessmen and capitalists take advantage of the global epidemic to maliciously hoard rice, flour and oil, drive up prices, and lead to abnormal grain growth. This behavior may violate the crime of illegal business operation, and the circumstances are serious. Generally, they will be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and those who break the law will be fined 1 to 5 times.
It is harmful to hoard food blindly. In the case of national food security, it is a personal economic loss to turn the dealer's inventory into his own at a higher price, and the food will deteriorate if it does not have storage conditions. In addition, the epidemic is not over yet. Although many places have been added for several days, we can't relax our vigilance and there is still a risk of gathering. More importantly, crazy buying, like a bank run, will disrupt the normal supply progress, and there may be temporary supply shortages and temporary price increases in the originally sufficient material supply. This impact on the normal market order, through price transmission, ultimately hurts the enthusiasm of end consumers and grain farmers.
legal ground
Regulations on the Administration of Grain Circulation (202 1 Revision)
Eleventh grain buyers to buy grain, should implement the national food quality standards, price according to quality, and shall not harm the interests of farmers and other grain producers; Payment for goods shall be made to grain sellers in a timely manner and shall not be in arrears; Do not accept the entrustment of any organization or individual to withhold and remit any taxes, fees and other funds.
When purchasing grain, grain purchasers shall conduct quality and safety inspection in accordance with the relevant provisions of the state to ensure the quality and safety of grain. Food that does not meet the food safety standards shall be stored separately and shall not be eaten.
Article 44 Where a grain purchaser fails to inform or announce the grain purchase price or manipulates, monopolizes or manipulates the price in accordance with the provisions, the market supervision and management department shall punish him in accordance with the relevant provisions of the Price Law of People's Republic of China (PRC) and the Anti-monopoly Law of the People's Republic of China.