Trade Resources Policy & Opinion Prices of Farm Produce Continues Falling and Prices of Production Means Remain Steady

Prices of Farm Produce Continues Falling and Prices of Production Means Remain Steady

According to the monitoring of MOFCOM, the prices of farm produce in 36 large and medium-sized cities continued falling, and the prices of production means in circulation remained steady last week (September 7–September 13).

Last week, the prices of meat dropped slightly, with the prices of pork, beef and mutton down 0.6%, 0.4% and 0.8% respectively. The average price of 18 kinds of vegetables was down 0.5% compared with that of the previous week, with the prices of cucumber, tomato and oilseed rape down 3.5%, 2.4% and 2.1% respectively. The price of aquatic products was down 0.4%, with the prices of carp, large hairtail, and crucian down 2.3%, 1.3% and 1% respectively. The price of edible oil fell, with the prices of rapeseed oil and soybean oil each down 0.3%, and peanut oil remaining the same. The price of grain was steady, with the prices of rice and flour remaining the same as that of the previous week. The prices of poultry and eggs fell slightly, with the prices of chicken down 0.1%, and eggs up 0.7% respectively, with 0.6 percentage points less than the previous week.

Last week, the price of steel was down 0.8%, with the prices of ordinary medium plate and welded steel tube each down 1%. The price of basic chemical raw material was down 0.6% compared with that of the previous week, with the prices of methanol and pure benzenel down 1.5% and 1.2% respectively. The price of coal was down 0.2%, with the prices of steam coal, coking coal and blind coal down 0.2%, 0.2% and 0.1% respectively. The price of chemical fertilizer was down 0.2%, with the prices of urea, potassium chloride and DAP down 0.4%, 0.1% and 0.1% respectively, and that of NPK going up 0.2%. The price of rubber was up 0.2%, with the prices of natural rubber up 0.3% and synthetic remaining steady. The price of nonferrous metals increased 2.1%, with the prices of copper, nickel, zinc, lead and aluminum up 4.1%, 1.6%, 0.6%, 0.5% and 0.3% respectively and the price of tin down 0.5% week on week.

Source: http://english.mofcom.gov.cn/article/newsrelease/significantnews/201509/20150901117501.shtml
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