CHINA China's agricultural product wholesale prices edge down


China's agricultural product wholesale prices edge down


16:49, February 18, 2021

A farmer walks in the field in Rongjiang County of Qiandongnan Miao and Dong Autonomous Prefecture, southwest China's Guizhou Province, Feb. 17, 2019. (Photo: Xinhua)

BEIJING, Feb. 18 (Xinhua) -- The wholesale prices of China's agricultural products edged down Thursday, according to the Ministry of Agriculture and Rural Affairs.

The latest China agricultural product wholesale price index came in at 140.15, down 1.91 points from the previous working day.

By 2 p.m. Thursday, the average wholesale price of pork, a staple meat in China, fell 5.1 percent to 43.07 yuan (about 6.67 U.S. dollars) per kg, and that of eggs dipped 1 percent to 8.7 yuan per kg.

The average wholesale prices of 28 key types of vegetables tracked by the government dropped 3.7 percent from the previous working day.

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.

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