Trade Resources Industry Views Prices of Edible Agricultural Products and Means of Production Continue to Drop

Prices of Edible Agricultural Products and Means of Production Continue to Drop

According to the watchdog of MOFCOM, the market index of edible agricultural products went down 0.2% over last week and that of the production means fell down 0.9% week on week (April 17-23).

In farm produce market: the prices of poultry and eggs fell down, among which the prices of eggs, chicken and duck went down 1.9%, 0.6% and 0.6% respectively. The average price of 30 kinds of vegetables decreased 0.5% over the previous week, with the prices of fragrant-flowered garlic, pumpkin and green bean down 8.6%, 5% and 4.1% respectively. The price of meat mainly decreased, with the prices of pork and beef down 0.8% and 0.3% respectively, and that of mutton up 0.4%. The price of edible oil dropped slightly, with the prices of soybean oil and rapeseed oil down 0.3% and 0.1% respectively, and that of peanut oil the same as the previous week. The price of grain food remained stable, with the price of rice the same as the previous week, and that of flour up 0.3%. The average price of aquatic product went up 0.5%, with the prices of crucian, grass carp and carp up 0.9%, 0.8% and 0.7% respectively.

The means of production market: the price of steel went down 2.5% over the previous week, with the prices of hot-rolling common sheet, hot rolled strip, high speed wire rod and deformed steel bar down 3.8%, 2.9%, 2.6% and 2.6% respectively. The price of rubber decreased 1.3%, with the price of synthetic rubber down 3.1%, that of natural rubber up 0.2%. The price of basic chemical raw materials went down 0.8%, with the prices of sodium carbonate, methyl alcohol and purified petroleum benzine down 3.6%, 2.2% and 0.9% respectively, and that of caustic soda and sulfuric acid up 0.7% and 0.2% respectively. The prices of non-ferrous metal decreased 0.5%, with the prices of nickel, lead, copper, zinc and tin down 3.2%, 2.9%, 1.2%, 0.8% and 0.4% respectively, and that of aluminum up 1.4%. The price of chemical fertilizer went down 0.5%, with the prices of urea, NPK, KCL and DAP down 0.8%, 0.3%, 0.1% and 0.1% respectively. The price of coal went down 0.1%, with the prices of blind coal and coking coal down 0.4% and 0.3% respectively, and that of steam coal the same as the previous week.

Source: http://english.mofcom.gov.cn/article/newsrelease/significantnews/201704/20170402564473.shtml
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