Prices of Farm Produce Fall Slightly and Prices of Production Means Continued to Rise

By：MOFCOM Update：2016-11-01

According to the monitoring of MOFCOM, the market price index of edible agricultural products fell down 0.3% over the previous week and that of the means of production went up 1.3% also over the previous week (October 17-23).

In farm produce market, the average price of aquatic products was down 0.7% over the previous week, with the prices of large hairtail, small yellow croaker and grass carp down 2.8%, 2.5% and 0.8% respectively. The average price of 30 kinds of vegetables was down 0.3% over the previous week, among which the prices of cauliflower, Chinese cabbage and lettuce decreased by 7.7%, 6.1% and 6% respectively. The price of meat fluctuated slightly, with the prices of pork and beef down 1% and 0.3% respectively, but the price of mutton went up 0.2% compared with that of the previous week. The prices of poultry and eggs fluctuated slightly, with the price of eggs down 0.5%, that of chicken remaining the same as that of the previous week, and that of duck up 0.1%. The price of grain went up, with the price of flour and rice rising 0.3% and 0.2% respectively. The price of edible oil picked up slightly, among which the prices of soybean oil, peanut oil and rapeseed oil increased 0.4%, 0.2% and 0.1% respectively.

As to the means of production market, the price of steel was up 1.8%, among which the prices of high-speed wire rod, cold rolled strip and deformed steel were up 2.2%, 2.2% and 2.1% respectively. The price of coal was up 1%, with those of coking coal, steamed coal and blind coal up 1.4%, 1% and 0.9% respectively. The price of basic chemical raw materials was up 0.8%, with the prices of methyl alcohol, caustic soda, purified petroleum benzine and sodium carbonate up 3.1%, 1.1%, 0.5% and 0.1% respectively, but that of sulfuric acid remaining the same as that of the previous week. The price of chemical fertilizer was up 0.2%, with those of urea and DAP up 0.3% and 0.1% respectively, that of NPK unchanged and that of potassium chloride down 0.1% compared with that of the previous week. The price of rubber was down 0.1% week on week, with that of synthetic rubber down 0.4% and that of natural rubber up 0.1% respectively. The price of nonferrous metal was down 0.5%, with those of nickel, copper and aluminum down 1.1%, 1% and 0.8% respectively, while those of zinc, lead and tin up 1.4%, 0.6% and 0.3% respectively week on week.