China's agricultural product wholesale prices edge up

BEIJING - The wholesale prices of China's agricultural products edged up Tuesday, according to the Ministry of Agriculture and Rural Affairs.

The latest China agricultural product wholesale price index came in at 122.23, up 0.14 points from Monday.

By 2 pm Tuesday, the average wholesale price of pork, a staple meat in China, shrank 0.4 percent to 48.22 yuan ($7) per kg, and that of eggs shrank 0.7 percent to 8.14 yuan per kg.

The average wholesale price of 28 key types of vegetables tracked by the government climbed 0.8 percent, and that of six different types of fruits rose 1.2 percent.

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, fruit, aquatic products, livestock products, cereals and edible vegetable oil.