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China’s agri product wholesale price index edges up

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The wholesale prices of China’s agricultural products went up Wednesday, according to the Ministry of Agriculture and Rural Affairs.

The latest China agricultural product wholesale price index came in at 134.01, up 0.07 points from Tuesday. By 2 p.m. Wednesday, the average wholesale price of pork, China’s staple meat, went up 0.9 percent to 18.16 yuan (2.86 U.S. dollars) per kg, and that of eggs was up 1.5 percent to 9.37 yuan per kg.

The average wholesale price of 28 key types of vegetables tracked by the government went up 0.7 percent, coming in at 5.76 yuan per kg, while that of six key types of fruits edged up 0.6 percent to 6.8 yuan per kg.

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.—Xinhua

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