China's agricultural product wholesale price index edges down

BEIJING -- The wholesale prices of China's agricultural products went down Wednesday, according to the Ministry of Agriculture and Rural Affairs.

The latest China agricultural product wholesale price index came in at 133.14, down 0.21 points from Tuesday.

By 2pm Wednesday, the average wholesale price of pork, China's staple meat, fell 1.1 percent to 17.88 yuan (about $2.8) per kg, and that of eggs was up 1.4 percent to 10.07 yuan per kg.

The average wholesale price of 28 key types of vegetables tracked by the government dropped 1.5 percent, coming in at 5.31 yuan per kg, while that of six key types of fruits edged down 0.9 percent to 7.34 yuan per kg.

The wholesale price index is compiled on the basis of data collected from around 200 agricultural wholesale markets and is updated daily based on the weighted average of price indices for goods including vegetables, fruits, aquatic products, livestock products, cereals and edible vegetable oil.