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Slight Rise in Chinese Food Prices

02 October 2014

CHINA - Chinese farm produce prices rose slightly last week according to a survey by the Ministry of Commerce of prices in 36 large and medium sized cities.

The average wholesale price of 18 vegetables was up 1.4 per cent week on week, among which the prices of cucumber, green beans and white turnip were up 9.6 per cent, 7.4 per cent and six per cent week on week respectively.

Prices of grains were stable, with the price of rice remaining unchanged compared to the previous week and the price of flour up 0.3 per cent over the previous week.

The average price of aquatic products remained the same, with the prices of chub, large yellow croaker and large hairtail up 1.2 per cent, 1.2 per cent and 0.3 per cent respectively week on week. Other varieties fell by different margins.

The prices of poultry and eggs saw rises and falls, with the price of chicken up 0.4 per cent and eggs down 0.1 per cent.

The price of edible oil saw also saw both rises and falls, with the prices of both soybean oil and rape seed oil down 0.1 per cent, while the price of peanut oil up 0.1 per cent.

The price of meat dropped, with the prices of pork, beef and mutton down 0.5 per cent, 0.5 per cent and 0.6 per cent respectively.

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