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Prices of Farm Produce Continue to Drop, Prices of Means of Production Increase Slightly
2017/3/10 15:32:56 Source:MOFCOM

According to the watchdog of MOFCOM, the market price index of edible agricultural products went down 1.2% over the previous week and that of the product means went up 0.7% over the previous week (February 27-March 5).

In farm produce market: the average price of 30 kinds of vegetables went down 2% over the previous week, with the prices of bitter gourd, white gourd andscallion down 8.7%, 7.4% and 7.2% respectively. The price of meet went down to different degrees, with the prices of pork, beef and mutton down 2%, 0.4% and 0.5% respectively. The prices of poultry and eggs fluctuated slightly, with those of eggs, chicken and ducks down 1.2%, 0.6% and 0.4% respectively, and that of duck up 0.6%. The price of edible oil fell down in general, with the prices of soybean oil, and rapeseed oil down 0.4% and 0.2% respectively, and peanut oil remaining the same as the previous week. The prices of grain food dropped slightly, with the prices of rice remaining the same and flour down 0.3% week on week. The average price of aquatic products increased 0.1%, with the prices of chub, large yellow croaker, and crucian up 2.7%, 0.9% and 0.4% respectively week on week.

The means of production market: The price of steel went up 2.2%, with the prices of box iron, high speed wire rod and deformed steel bar up 2.9%, 2.7% and 2.6% respectively. The price of basic chemical raw materials went up 1.1%, with the prices of sulfuric acid, caustic soda, sodium carbonate and methyl alcohol up 2.7%, 0.5%, 0.2% and 0.1% respectively, and that of pure benzene down 1.4%.The price of non-ferrous metal went up 0.4% over the previous week, with the prices of aluminum, nickel and zinc up 1.6%, 1.3% and 0.4% respectively, those of lead, tin and copper down 1.1%, 0.7% and 0.2% respectively week on week. The price of chemical fertilizer went up 0.3%, with the prices of urea, DAP and NPK up 0.3%, 0.3% and 0.2% respectively, and that of potassium chloride down 0.2% week on week. The price of coal increased 0.1%, with the prices of steam coal and coking coal up 0.2% and 0.1%, and that of blind coal down 0.2%. The price of rubber went down 1%, with those of natural rubber and synthetic rubber both down 1%.

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