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China’s agricultural product wholesale prices edge down

Abstract : The wholesale prices of China's agricultural products edged down Wednesday, according to the Ministry of Agriculture and Rural Affairs.

BEIJING, March 10 (Xinhua) — The wholesale prices of China’s agricultural products edged down Wednesday, according to the Ministry of Agriculture and Rural Affairs.

The latest China agricultural product wholesale price index came in at 129.58, down 0.39 points from the previous working day.

By 2 p.m. Wednesday, the average wholesale price of pork, a staple meat in China, increased 0.1 percent to 38.14 yuan (about 5.86 U.S. dollars) per kg, and that of eggs rose 0.2 percent to 8.06 yuan per kg.

The average wholesale price of 28 key types of vegetables tracked by the government dropped 0.4 percent from the previous working day, while that of six key types of fruits went up 0.9 percent.

The wholesale price index is compiled on the basis of data collected from around 200 agricultural wholesale markets and is updated daily based on the weighted average of price indices for goods including vegetables, fruits, aquatic products, livestock products, cereals and edible vegetable oil.  Enditem

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Xinhua Silk Road (en.imsilkroad.com) is the Belt and Road Initiative (BRI) portal. China’s silk road economic belt and the 21st century maritime silk road website, include BRI Policy, BRI Trade, BRI Investment, Belt and Road weekly, Know Belt and Road, and the integrated information services for the Belt and Road Initiative (BRI).

Source: China’s agricultural product wholesale prices edge down

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