China's Agricultural Product Wholesale Prices Edge Down

The wholesale prices of China's agricultural products edged down Wednesday, according to the Ministry of Agriculture and Rural Affairs

BEIJING, (UrduPoint / Pakistan Point News - 24th Feb, 2021 ) :The wholesale prices of China's agricultural products edged down Wednesday, according to the Ministry of Agriculture and Rural Affairs.

The latest China agricultural product wholesale price index came in at 133.53, down 0.87 points from the previous working day.

By 2 p.m. Wednesday, the average wholesale price of pork, a staple meat in China, fell 1.4 percent to 39.55 Yuan (about 6.12 U.S.

Dollars) per kg, and that of eggs shed 0.8 percent to 8.48 yuan per kg.

The average wholesale prices of 28 key types of vegetables tracked by the government dropped 0.7 percent from the previous working day.

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 in-dices for goods including vegetables, fruits, aquatic products, livestock products, cereals and edible vegetable oil.