China's farm products prices rise slightly early of 2014
Farm products prices in 36 major Chinese cities rose slightly in the week ending January 5 compared with the previous week, according to Ministry of Commerce statistics on Tuesday.
Average wholesale prices of 18 kinds of vegetables rose 2.9 percent from a week earlier, while the costs of bitter gourds and eggplants increased 10.7 percent and 8.5 percent respectively. The prices of grain and oil rose slightly, with soybean oil increasing 0.1 percent. The price of eggs rose 0.3 percent while the average wholesale cost of aquatic products dropped 0.1 percent. The cost of beef went up 0.2 percent, while pork prices dropped 0.8 percent compared with the previous week. Food accounts for about one-third of China's consumer price index (CPI). a main gauge of inflation. The CPI grew 3 percent year on year in November, down from 3.2 percent in October, according to the National Bureau of Statistics.
Michael Boddington from Asian Agribusiness Consulting (AAC) has been involved in agribusiness in Asia since 2000. AAC has office both in Vietnam Ho Chi Minh City and China Beijing. So AAC has a thorough understanding of the Viet Nam and China aqua industry and produces up-to-date research reports on the market. We can offer insights on supply and demand trends and comments on the future structure of Asian agribusiness. If you would like to know more please email This email address is being protected from spambots. You need JavaScript enabled to view it.This email address is being protected from spambots. You need JavaScript enabled to view it.