|Price of Farm Produce Saw a Slightly Rise and Price of Material for Production Continued to Rise|
|According to the monitoring of MOFCOM, during last week (November 5- 11), the price of major farm produce in 36 medium and large sized cities saw a slightly rise and price of material for production continued to rise.
Average wholesale prices of 18 kinds of vegetables rose 4.7% as compared with that of the previous week, of which cucumber, eggplant and lettuce were up by 16%, 14.5%, and 12.7% respectively. Retail prices of oil and grain rose slightly while maintained steady, of which small package of rice rose 0.2% as compared with that of the previous week, while small package of flour remained unchanged. Wholesale prices of meat saw ups and downs, of which pork fell 0.3% as compared with that of the previous week, and the prices of pork in Shenzhen and Shanghai dropped 2% and 0.6% respectively; beef and lamb rose 0.7% and 0.5% while the retail price of chicken dropped 0.3%. Retail price of edible oil dropped, of which rapeseed oil fell 0.1% as compared with that of the previous week; while that of peanut oil and soybean oil remained unchanged. Retail prices of egg continued to fall and saw a decrease of 0.3% with an accumulative decrease of 2.4% in five consecutive weeks. The prices of egg in Guangzhou and Chongqing dropped 0.8% and 0.2% as compared with that of the previous week. Average wholesale prices of 8 kinds of aquatic products dropped 0.6% as compared with that of the previous week, of which big cutlass fish, carp, and silver carp fell 1.2%, 1% and 0.9% respectively.
Of major materials for production, prices of energy resources, materials for light industry and steel rose as compared with that of the previous week, mineral products remained unchanged, while that of building materials, materials for agricultural production, chemical products, non-ferrous mental and rubber fell. The prices of energy resources rose 1.3%, of which coke and raw coal rose 2.8% and 2.6%; crude oil dropped1%. The prices of materials for light industry rose 0.1%, of which cotton was up by 0.3%. The prices of steel rose 0.1%, of which seamless steel pipe of 219 * 7, ordinary cold-rolled sheet of 1mm, ordinary hot-rolled sheet of 3mm saw an increase of 0.5%, 0.4%, and 0.3%. The prices of mineral products remained unchanged, of which tungsten ore and tin ore were up by 4.5% and 2.4%; iron ore and lead remained unchanged; while that of copper and zinc dropped 1.1% and 0.5%. The prices of materials for agricultural production fell 0.3%, of which ammonium bicarbonate and urea dropped 1.6% and 1.2%. The prices of chemical products dropped 0.5%, of which styrene, sulfuric acid and ammonia saw a decrease of 1%, 0.9% and 0.7% respectively. The prices of non-ferrous mental was down by 0.8%, of which coopper#1, nickel#1 and lead#1 dropped 1.8%, 1.3% and 0.7%; aluminum A00 and tin#1 was down by 0.4% and 0.2%. The prices of rubber dropped 3%, of which styrene-butadiene rubber, butadiene rubber and nitrile rubber were down by 4.6%, 3.1% and 2.9% respectively.