China's agricultural product wholesale prices down

Wholesale prices of China's agricultural products edged down Wednesday, according to a report from the Ministry of Agriculture and Rural Affairs.

By 2 p.m. Wednesday, the China agricultural product wholesale price index stood at 112.01, down 0.53 points from the previous day.

The average wholesale price of pork dropped 0.2 percent from the previous day to 36.44 yuan (about 5.2 U.S. dollars) per kg, while that of eggs gained 0.3 percent to 11.42 yuan per kg.

The average wholesale price of 28 types of vegetables monitored by the government gained 0.5 percent, while that of six types of fruits dropped 4.3 percent.

Fuji apples saw the largest price drop Wednesday, down 8.7 percent from the previous day, the report said.

The index is compiled from 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.