omniture Reports Drop in Chinese Meat Prices; Fruit Prices Up

2009-05-07 16:53 581

BEIJING, May 7 /PRNewswire-Asia/ --, one of China's leading B2B search platforms with more than 30 B2B industry websites to its name, reports a drop in Chinese meat prices, while fruit prices rise.

According to a sales report, recent meat and edible oil prices in China are down compared to previous days, while aquatic products and fruit prices are on the rise: vegetables and eggs are fluctuating slightly, while grain products and milk prices remain stable.

Rump and Bacon prices fell by 0.3 percent, respectively, RMB9.81 per jin and RMB8.92 per jin. Sirloin and lamb prices declined 0.1 percent and 0.3 percent, respectively, with sales at RMB15.42 per jin and RMB17.31 per jin; Shank prices have not changed, remaining at RMB17.24 per jin.

Grass carp, carp, crucian and chub prices respectively rose 0.6 percent, 0.5 percent, 0.4 percent and 0.2 percent with prices at RMB7.19 per jin, RMB5.65 per jin, RMB7.03 per jin and RMB4.61 per jin. Since April, the monitoring of freshwater fish prices was stable and the overall trend was up, in which grass carp prices rose most obviously.

Pears, bananas and Fuji apple prices are respectively up 0.5 percent, 0.4 percent and 0.3 percent with prices at RMB2.06 per jin, RMB2.35 per jin and RMB3.25 per jin. With a gradual pick-up in temperature, seasonal fruit will increase in the market. Currently on the market, strawberries, loquats, mangos, sugar cane and many other fruits sales are good, but apples, bananas and citrus fruits are experiencing a downturn in sales. It is expected that with a further increase in market volume, fruit prices will gradually decline during the summer.

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