webvic-c

Chinese agri-food prices affected by weather

The average wholesale prices of 18 vegetables registered a 4.2 per cent increase. (Image source: AndyRobertsPhotos/Flickr)

The recent hot and rainy weather spells in China have affected the agri-food prices in the country

According to a survey of 36 medium and large-sized cities conducted by the Chinese ministry of commerce, a slight increse in prices was induced by the prevailing weather conditions.

The average wholesale prices of meat has been seeing ups and downs, among which, prices of pork and mutton rose up by 0.8 per cent and 0.1 per cent respectively compared to the previous prices and the price of beef was steady.

The retail price of chicken and eggs fluctuated by a small margins. The price of chicken was up by 0.3 per cent and price of egg fell by 0.3 per cent compared to earlier weeks.

Retail prices of cooking oil and food grain were steady. Both peanut oil and rapeseed oil were up by 0.1 per cent, soybean oil was down by 0.1 per cent and the price of small package of rice and small package of flour remained the same.

The average wholesale prices of 18 vegetables went up by 4.2 per cent.

The top price rises were seen in cabbage, eggplant and celery, up by nine per cent, eight per cent and 7.8 per cent respectively.