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

Prices of Farm Produce and Production Means Rise 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 picked up last week (August 10–August 16).

Last week, prices of poultry and eggs continued to pick up, with the prices of eggs and chicken up 2.1% and 1.2% respectively. The average price of 18 kinds of vegetables was up 1.6%, with celery, rape and cabbage leading the rise, up 9.9%, 6.8% and 5.7% respectively. The price of meat saw ups and downs, with the price of pork up 1.1%, while the prices of mutton and beef down 0.5% and 0.2% respectively. The prices of rice and flour went up 0.2% and 0.3% respectively. The average price of aquatic product increased 0.1%, with the prices of large yellow croaker, small yellow croaker and carp up 2%, 0.6% and 0.6% respectively. The price of edible oil fluctuated slightly, with prices of soybean oil down 0.1%, peanut oil up 0.1% and rapeseed oil staying the same as that of the previous week.

Last week, the price of nonferrous metals was up 1.6% compared with that of the previous week, with the prices of copper, nickel, zinc, lead, and aluminum up 2.6%, 1.7%, 1.5%, 1.3% and 0.6% respectively, while the price of tin down 1.3%. The price of steel was down 0.1%, with the prices of hot-rolled ordinary steel and H-shaped steel down 0.4% and 0.3% respectively. The price of chemical fertilizer was down 0.2%, with the price of urea decreasing 0.5%, the prices of NPK and potassium chloride up 0.2% and 0.1% respectively, and the price of diammonium phosphate (DAP) the same as the previous week. The price of coal was down 0.2%, with the prices of anthracite and steam coal decreasing 0.3% and 0.2% respectively, and coking coal remaining the same. The price of basic chemical raw materials was down 0.5%, with the prices of methanol and sulfuric acid down 1% and 0.7% respectively. The price of rubber decreased 1%, with the prices of synthetic rubber and natural rubber down 1% and 0.9% week on week.

Source: http://english.mofcom.gov.cn/article/newsrelease/significantnews/201509/20150901106414.shtml
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