Chinese Farm Produce Prices See a Bump

By CnAgri2012-10-31 19:32:19 Print

The price of major farm produce in 36 medium and large sized cities in China during the past week remained stable with a slight increase compared with that of the previous week, and price of material for production fell mostly, according to the Chinese Ministry of Commerce.

The average wholesale price of eight kinds of aquatic products rose 0.6 percent, of which carp, big yellow croaker, and small cutlass fish rose by 1.1 percent, 1.1 pe cent and 1 percent, respectively.

The wholesale price of meat rose slightly, of which pork price rose by 0.1 percent compared with that of last week. The prices of pork in Changsha, Hangzhou and Ningbo rose by 2.5 percent, 1.2 percent and 1.1 percent.

The price of mutton and beef rose 0.6 percent and 0.5 percent.

Retail prices of grains and oil basically remained stable and some rose slightly, of which wheat flour and rapeseed oil rose 0.2 percent and 0.1 percent as compared with that of the previous week; rice, soybean oil and peanut oil maintained unchanged.

The price of chicken dropped 0.3 percent. Retail price of eggs continued to drop with a decrease of 0.7 percent compared with that of previous week.

The average wholesale price of 18 vegetables continued to drop, down by 1.1 percent as compared with that of the previous week, of which Chinese cabbages, tomatoes, and cabbages dropped with a decrease of 8.1 percent, 8 percent and 6.1 percent, respectively.