Trade Resources Policy & Opinion Prices of Farm Produce Rise Slightly and Prices of Production Means Fall Slightly

Prices of Farm Produce Rise Slightly and Prices of Production Means Fall Slightly

According to the monitoring of MOFCOM, the prices of farm produce in 36 large and medium-sized cities rose slightly, and prices of production means in circulation fell in a narrow range last week (August 24–August 30).

Last week, prices of poultry and eggs continued to rally, with the price of eggs up 4.5% and that of chicken up 0.3%. The prices of meat rose inordinately, with the price of pork up 1.2% and that of mutton up 0.1%. The average price of aquatic product increased 0.5%, led by the prices of carp, chub and grass carp, with an increase of 1.1%, 0.9%, and 0.6% respectively. The price of edible oil rose slightly, with the prices of flower seed oil, peanut oil, soya-bean oil rising 0.2%, 0.2% and 0.1% respectively. The average price of 18 kinds of vegetables remained the same as the previous week, with the prices of cabbage, cucumber and green pepper down 3.8%, 3.5% and 3.3% respectively and the prices of green bean, tomato and bitter gourd up 3.2%, 2.8% and 2.4% respectively. The prices of grain run smoothly, with the prices of rice and flour remaining the same as the previous week.

Last week, the price of rubber went down 1.4% compared with the previous week, with the prices of natural rubber and synthetic rubber down 2% and 0.6% respectively. The price of steel decreased 0.9%, with the prices of hot rolling common sheet and high speed wire rod down 1.3% and 1.2% respectively. The price of nonferrous metals was down 0.4%, with the prices of tin, nickel, zinc and aluminum down 4.8%, 4.8%, 2.1% and 0.7% respectively, cooper and lead up 0.6% and 0.4% respectively. The prices of basic chemical raw materials decreased 0.1%, with the prices of methyl alcohol and pure benzene down 1.5% and 1.4% respectively. The price of chemical fertilizer remained stable, with the prices of urea, kalium chloratum and NPK the same as the previous week, while DAP went up 0.1%. The price of coal remained steady as a whole, with the prices of steam coal and coking coal staying the same as the previous week and the price of blind coal up 0.1%.

Source: http://english.mofcom.gov.cn/article/newsrelease/significantnews/201509/20150901105416.shtml
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