November 29, 2013

The price of agro-food in China saw a rise by small margin and the price of material for production fell slightly last November 11-17, according to monitoring by the Ministry of Commerce (MOFCOM) in 36 medium and large sized cities.

Wholesale price of pork was up by 0.4%, while beef and lamb rose by 0.5% and 0.9% respectively.

The average wholesale prices of aquatic products were up by 0.3% 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%, 0.6% and 0.5% respectively.

Chicken and egg's retail prices remained basically stable with a slight increase, of which the price of chicken was up by 0.1% 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%, 0.2% and 0.1% respectively as compared with that of previous week, soyoil fell by 0.1%, while peanut oil remained unchanged.

Meanwhile, the average wholesale price of 18 vegetables dropped by 0.5% as compared with that of the previous week, of which tomatoes, cabbage and lettuce declined by 11%, 2.8% and 2.8% respectively.