According to monitoring by MOFCOM in 36 medium and large sized cities, price of agro-foodstuff kept steady last week (December 23-29). Affected by the increased consumption demands before New Year holiday, price of some products saw an increase and price of material for production had picked up for six consecutive weeks.
The average wholesale price of 18 vegetables rose by 4.8% as compared with that of the previous week, of which kidney beans, balsam pear and tomatoes rose by 12.4%, 11.3% and 9.9% respectively as a result of the decrease of supplies in the market. The retail price of chicken and egg rose slightly, and the price of chicken rose by 0.1%, and egg price picked up, up by 0.1% as compared with that of the previous week. The wholesale price of meat fluctuated slightly, of which the wholesale price of pork dropped by 0.5% while price of lamb and beef rose by 0.6% and 0.2% respectively. Retail prices of edible oil and cereals saw a slight decline, of which peanut oil and rapeseed oil went down by 0.2% and 0.1% respectively and small package of rice, small package of flour and soybean oil stayed the same. The average wholesale price of aquatic products were down by 0.5% as compared with that of the previous week after the rise for four consecutive weeks, top price drops are seen in crucian, small hairtail and carp, down by 1.9%, 0.8% and 0.4%respectively.
The price of energy resources was up by 1.1%, of which raw coal, lignite, bituminous and anthracite coal rose by 3.5%, 2.1% and 1.7% respectively. The price of non-ferrous metal was up by 0.4%, of which copper #1, tin #1 and nickel #1 were up by 1.5%, 1.1%, 0.8% and 1% respectively; price of lead #1 and zinc #1rose by 0.9% and 0.7% respectively, and price of aluminum A00 dropped by 0.9%. The price of chemical products rose by 0.3%, of which sulfuric acid and styrene were up by 1% and 0.9% respectively. Price of mineral products was up by 0.1%, of which lead ore, zinc ore and copper ore rose by 1.2%, 0.9% and 0.7% respectively; iron ore stayed the same and tungsten ore went down by 1.7%. The price of steel was down by 0.2%, of which plain round steel of Φ16mm, threaded steel bar of Φ12mm and ordinary hot rolled sheet of 3mm dropped by 0.3%, 0.3% and 0.1% respectively. The price of rubber droped by 0.5%, of which standard #1 rubber produced in China and imported smoked sheet #3 rubber (rss3) and styrene-butadiene rubber dropped by 1.2% and 1.1% respectively.
