Farm produce prices continue to fall

Updated: 2011-11-08 16:52


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BEIJING - Farm produce prices in China continued to fall for the week ending on Nov 6, according to a report released by the Ministry of Commerce on Tuesday.

Wholesale prices of 18 staple vegetables dropped by an average of 2.2 percent from the previous week. It was the fourth straight week that vegetable prices dropped, marking an aggregate 11.3 percent drop over the past four weeks, the report said.

Meanwhile, eight types of seafood products saw an average price decline of 0.4 percent week-on-week, and the prices of pork and eggs fell 1.8 percent and 0.5 percent, respectively.

Pork prices have dropped 6.4 percent since mid-September, the report said.

However, chicken and mutton prices saw slight rises of 0.2 percent and 1 percent, respectively.

Meanwhile, the price of flour fell 0.2 percent, and rice and edible oil prices remained unchanged, according to the report.