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China’s agricultural product prices slightly dip

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BEIJING, June 22 (ABC): The wholesale prices of China’s agricultural products edged down last week, data from the Ministry of Agriculture and Rural Affairs showed.

From June 10 to 16, the China agricultural product wholesale price index came in at 114.82, down 1.51 points week on week, according to the ministry.

On a weekly basis, the average wholesale price of pork, a staple meat in China, dropped 0.3 percent to 21.09 yuan (about 3.14 U.S. dollars) per kg. The price went down 14.6 percent from the same period last year.

The average wholesale price of eggs stood at 9.81 yuan per kg, down 1.1 percent week on week and rising 6.4 percent year on year.

The average wholesale prices of 19 key types of vegetables and six key types of fruits tracked by the government both edged down 0.9 percent from the previous week, according to the ministry.

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  • FD News

    Financial Daily (FD) is an emerging media outlet providing news reports, analysis and features especially related to politics and economy. FD is currently one of the largest and most comprehensive private-sector information portals in Pakistan, providing its readers with apolitical, unbiased and fact-based news reports and analyses.

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