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Chinese Food Prices Rise Slightly

17 January 2014

CHINA - The price of agricultural foodstuffs in China rose by small margin during the week of 6-12 January according to a survey of 36 medium and large cities carried out by the Ministry of Commerce.

The average wholesale price of aquatic products was up by 0.3 per cent compared to the previous week. Top price rises were for small hairtail, large hairtail and chub, up by 1.3 per cent, 0.9 per cent and 0.5 per cent respectively.

The retail price of chicken and eggs was steady with just a slight increase.

The price of eggs was up by 0.4 per cent, and price of chicken remained the same as the previous week.

The wholesale price of meat fluctuated, The wholesale price of pork was down by 1.4 per cent, while beef rose by 0.2 per cent, and lamb remained the same as the previous week.

The retail price of edible oil and cereals was fairly steady - down by just a small margin.

The price of rapeseed oil was down by 0.1 per cent, while price of a small package of rice, a small package of flour, soybean oil and peanut oil remained the same as the previous week.

The average wholesale price of 18 vegetables rose by 3.3 per cent as compared to the previous week. The top price rises were for green peppers, tomatoes and beans, up by 11.5 per cent, 9.9 per cent and 7.9 per cent respectively.

TheMeatSite News Desk



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