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China Reports Slight Drop in Farm Produce Prices

28 November 2013

CHINA - The price of food in China rose slightly last week according to a survey of 36 cities carried out by the Ministry of Commerce.

Wholesale price of meat rose slightly, of which the wholesale price of pork was up by 0.4 per cent, while beef and lamb rose by 0.5 per cent and 0.9 per cent respectively.

The average wholesale prices of aquatic products were up by 0.3 per cent as compared with that of the previous week, and top price rise that of small yellow croaker, grass carp and big yellow croaker, up by one per cent, 0.6 per cent and 0.5 per centrespectively.

The retail prices of chicken and egg remained basically stable with a slight increase, of which the price of chicken was up by 0.1 per cent as compared with that of the previous week, and eggs remained unchanged.

Retail prices of edible oil and cereals fluctuated slightly, of which small package of rice, small package of flour and rapeseed oil rose by 0.2 per cent, 0.2 per cent and 0.1 per cent respectively as compared with that of previous week, soybean oil fell by 0.1 per cent, while peanut oil remained unchanged.

The average wholesale price of 18 vegetables fell by 0.5 per cent compared with that of the previous week, of which tomatoes, cabbage and lettuce fell by 11 per cent, 2.8 per cent and 2.8 per cent respectively.

TheMeatSite News Desk

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