According to the monitoring by MOFCOM, the prices of major farm produce continued falling and means of production in 36 large and medium-sized cities dropped slightly last week (March 23-March 29).
The average price of 18 vegetables was down 1.6% week on week, among which kidney bean, celery and lettuce decreased 9.7%, 6.7% and 5.3% respectively. The prices of eggs saw a slight change with chicken eggs going down 1.6% and chicken going up 0.5% compared with the previous week. The price of edible oil saw ups and downs, with the price of soybean oil and peanut oil down 0.1%, rapeseed oil up 0.2%. The price of grain remained stable, among which the price of flour remained the same as that of the previous week, and that of rice increased 0.2%. The prices of aquatic products went up 0.1%, with carp, large hairtail and crucian up 2.5%, 1.7% and 0.4% respectively. The price of meat fluctuated, with pork and beef up 0.6% and 0.2% respectively and mutton down 0.2% compared with that of the previous week.
Last week, the price of rubber was down 0.9%, with that of synthetic rubber and natural rubber down 1.1% and 0.7% respectively. The prices of chemical raw materials were up 0.7%, with purified petroleum benzine and sulphuric acid down 2.1% and 1.2% respectively. The price of coal was down 0.6% week on week, with that of steam coal, anthracite and coking coal down 0.8%, 0.4% and 0.2% respectively. The prices of chemical fertilizers went up 0.1%, with both NPK, DAP and urea up 0.3%, 0.2% and 0.1% respectively, and potassium chloride remaining the same as the previous week. The price of steel was up 1%, with high-speed wire rod and deformed steel bar up 1.6% and 1.4% respectively. The price of nonferrous metals increased 2.1%, with copper, zinc, lead and aluminum up 4.2%, 1.1%, 1% and 0.3% respectively, tin remaining the same, and nickle down 0.1%.
