Biz
China's agricultural product prices down 0.1%
2009-Nov-11 09:30:46

Prices of agricultural products in 36 large and medium-sized Chinese cities dipped 0.1 percent in the week of Nov 2 to 8, compared with the previous week, according to figures released by the Ministry of Commerce (MOC) Tuesday.

Twenty-six out of 57 kinds of farm produce saw week-on-week price slump, while the prices of 20 types saw an increase, said a report on the MOC website.

Vegetable prices climbed 2.2 percent due to supply shortage caused by sharp temperature drop.

Aquatic product prices dropped 0.9 percent and egg prices went down 0.4 percent.

The wholesale prices of pork and mutton dropped 0.5 percent and 0.1 percent, while that of beef went up 0.2 percent.

Production materials prices rose 0.3 percent week-on-week.

Fifty-four out of 112 kinds of production materials saw week-on-week price increase including steel, construction materials and energy, while prices of 22 types saw a slump including non-ferrous metal.

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