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Farm produce prices rose last week on icy weather
11.01.2011 09:08 "Agro Perspectiva" (Kyiv) —
The prices of Chinese farm produce rose for a second consecutive week in the week ending January 9, pushed up by icy weather in South China, the Ministry of Commerce said Tuesday.
Freezing temperatures and icy rain affected vegetable production and transportation, driving the wholesale prices of 18 staple vegetables 6.2 percent higher, the ministry said in a statement posted on its website. The prices of balsam pears, cucumbers and beans all rose by at least 10 percent last week. As the Spring Festival draws near, demand for eggs and meat increased, pushing the price of pork and mutton 0.7 percent and 1.1 percent higher, respectively. Egg prices rose 0.4 percent.
Peanut oil prices increased 0.3 percent while soybean oil prices edged 0.2 percent higher. Colza oil prices rose 0.1 percent.
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