China Reports Slight Drop in Farm Produce Prices28 November 2013
CHINA - According to monitoring by MOFCOM in 36 medium and large sized cities, price of agro-foodstuff saw a rise by small margin and the price of material for production fell slightly last week (11-17 November).
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 1 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 as 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.
TheCattleSite News Desk