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Economy

China's agricultural product wholesale prices edge up

July 21, 2020


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

BEIJING, July 20 (Xinhua) -- The wholesale prices of China's agricultural products edged up Monday, according to the Ministry of Agriculture and Rural Affairs.

The latest China agricultural product wholesale price index came in at 116.57, up 0.44 points from Friday.

By 2 p.m. Monday, the average wholesale price of pork, a staple meat in China, went up 0.6 percent to 48.83 yuan (about 6.98 U.S. dollars) per kg, while the price of eggs rose 3.3 percent to 6.87 yuan per kg.

The average wholesale price of 28 key types of vegetables tracked by the government climbed 0.7 percent from Friday, while that of six different types of fruits fell 1.3 percent.

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

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Keyword: agricultural product

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