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Chinese Agrifood Prices Fall

15 April 2014

CHINA – Chinese food prices kept falling in the first week of April, according to a survey of 36 large and medium sized cities by the Ministry of Commerce.

The volume of greenhouse vegetables on the market rose, so the average wholesale price of 18 vegetables dropped, going down by 2.9 per cent as compared to the previous week.

The prices of French beans, rape and celery stood out with a drop of 10.7 per cent, 8.3 per cent and 6.2 per cent respectively.

The average wholesale price of aquatic products dropped by 0.4 per cent compared to the previous week, among which the prices of carp, big hairtail, and small yellow croaker saw a drop of 2.5 per cent, 1.2 per cent and 0.3 per cent, respectively.

The wholesale price of meat saw a slight change.

The price of pork fell by 1.2 per cent with a drop of 0.8 percentage point compared to the previous week.

The prices of mutton fell by 0.4 per cent while the price of beef rose by 0.2 per cent compared to the previous week.

The retail prices of grains and oil fell slightly compared to the previous week.

The price of small packages of rice, small packages of flour and rapeseed oil remained almost the same and the price of soybean oil and peanut oil dropped by 0.2 per cent and 0.1 per cent respectively.

The prices of poultry and eggs saw a slight increase.

The price of eggs and the price of stripped chicken rose by 0.2 per cent and 0.1 per cent respectively compared to the previous week.

 

TheMeatSite News Desk



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