omniture

Himfr Reports a Recent Slowdown in China's Rising National Food Prices

2010-08-03 18:28 1206

BEIJING, Aug. 3 /PRNewswire-Asia/ -- Himfr.com, one of China's leading B2B search platforms with more than 30 B2B industry websites to its name, reports that recently national food prices have slowed down in China.

The price of poultry and eggs is up; fruit and vegetable prices have seen slight fluctuations; oil prices are basically down; aquatic products, beef and mutton prices are mainly on the rise; while refined grains and dairy prices are flat.

In monitoring twenty-one kinds of vegetables, nine prices dropped and three product prices remained unchanged. The price of rape, cucumbers, and cowpeas respectively fell 1.3%, 1.3% and 1.8%; string beans, eggplants, green peppers, white radishes, hot peppers and bitter gourds have seen a price decline between 0.4% - 0.9%; celery prices rose 1.4%; Chinese cabbage, spinach, lettuce, carrots, onion, garlic and ginger price increases were less than 1% each; and tomatoes, potatoes and onion prices have stayed flat.

Recently, the rise in China's national vegetable prices has slowed down. Besides garlic and ginger, vegetable prices have shown slight decreases almost across the board. Wholesale vegetable markets in China reflect this recent decline in local vegetable prices. White melon, water spinach and some other products are in adequate supply, with prices dropping to less 1 RMB per catty.

After one day of a slight decrease in price, pork prices rose again on August 2. Recently, local hog prices are still increasing relatively fast, but the retail price of pork is relatively stable.

About Himfr.com

Himfr.com is a promising e-commerce company and a leading vertical search engine company in China. Himfr.com offers a variety of high quality products such as dog repellers (http://www.himfr.com/buy-dog_repeller/ ), men's pea coats (http://www.himfr.com/buy-men's_pea_coat/ ), honeycomb shades (http://www.himfr.com/buy-honeycomb_shades/ ) and many more.

For more information, please contact:

www.Himfr.com

Tel: +86-10-6556-9770

Email: my@himfr.com

Source: Himfr.com
Keywords: Retail
collection