BEIJING — The wholesale prices of China’s agricultural products edged down Monday, according to the Ministry of Agriculture and Rural Affairs.

The latest China agricultural product wholesale price index came in at 118.31, down 0.32 points from the previous working day.

By 2 p.m. Monday, the average wholesale price of pork, a staple meat in China, went down 1.7 percent to 39.75 yuan (about $5.96) per kg, and that of eggs declined 0.5 percent to 7.75 yuan per kg.

The average wholesale prices of 28 key types of vegetables expanded 1.1 percent while that of six different types of fruits went down 1.1 percent.

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.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Wall Street inches higher after upbeat U.S. business surveys

(Reuters) – U.S. stock indexes eked out gains on Friday, supported by Apple’s shares, while data showing business activity snapped back to the highest since early 2019 also lifted the sentiment. Data firm IHS Markit said its flash U.S. Composite…

751,000 seek US jobless benefits as virus hobbles economy

WASHINGTON — The number of Americans seeking unemployment benefits fell slightly last week to 751,000, a still-historically high level that shows that many employers keep cutting jobs in the face of the accelerating pandemic. A surge in viral cases and…

British Airways-owner IAG warns over coronavirus earnings hit

LONDON (Reuters) – British Airways-owner IAG (ICAG.L) said coronavirus would hit earnings this year but it does not know by how much, as it warned weakening demand would cause further flight cancellations in the coming days. Coronavirus, the illness which…

`The books that see her through’: Winfrey suggests seven

NEW YORK — With Election Day approaching and the pandemic ongoing, Oprah Winfrey is setting aside her usual book club recommendations and instead citing seven personal favorites, ranging from James Baldwin’s landmark essays in “The Fire Next Time” to Mary…