CHINA China's agricultural product wholesale prices edge up

CHINA

China's agricultural product wholesale prices edge up

Xinhua

16:43, July 08, 2020

BEIJING, July 8 (Xinhua) -- The wholesale prices of China's agricultural products registered a slight uptick Wednesday, according to a report from the Ministry of Agriculture and Rural Affairs.

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File photo: VCG

The latest China agricultural product wholesale price index came in at 115.72, up 0.13 points from Tuesday.

By 2 p.m. Wednesday, the average wholesale price of pork, a staple meat in China, rose 0.4 percent to 47.29 yuan (about 6.7 U.S. dollars) per kg, while eggs dropped 0.5 percent to 6.23 yuan per kg.

The average wholesale price of 28 key types of vegetables tracked by the government went up 0.5 percent from Tuesday, while six different types of fruits saw average price down by 0.2 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 indices for goods including vegetables, fruit, aquatic products, livestock products, cereals, and edible vegetable oil.

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