Frbiz Reports Agricultural Products Prices Decline

BEIJING, Nov. 11 /PRNewswire-Asia/ -- Frbiz.com ( http://www.frbiz.com ), one of China's leading B2B search platforms with more than 30 B2B industry websites to its name, reports agricultural products prices decline.

With winter coming, Frbiz's analyst find that agricultural market prices over the previous week decreased by 0.1 percent; capital goods prices rose 0.3 percent over the previous week.

Of 57 kinds of major consumer agricultural products, the prices have declined weekly for 26 types, accounting for 45 percent; 11 were flat, accounting for 19 percent; the price rose for 20 species, accounting for 35 percent. Seafood prices generally fall, but market supply has remained abundant. Eight kinds of major aquatic wholesale products' prices fell by an average of 0.9 percent. Poultry and egg prices fluctuated. Chicken prices rose 0.1 percent, while egg prices fell 0.4 percent. Meat prices also have slight fluctuations. Pork and lamb wholesale prices fell 0.5 percent and 0.1 percent, respectively, and beef prices rose 0.2 percent. Edible oil prices basically remained stable. Peanut oil's retail prices fell 0.1 percent; soybean oil and rapeseed oil prices were unchanged from the previous week. Foodstuff prices remained stable. Retail prices for small packages of flour and small packages of rice were unchanged from the previous week. Vegetable prices have recovered. Affected by the sharp temperature drop, the list volume of vegetables reduced in the market, but prices stabilized. Last week, the average wholesale prices of 18 kinds of vegetables were up by an average of 2.2 percent.

Among 112 kinds of major capital goods, the prices of 54 types account for 48 percent, and prices have declined for 22 types, accounting for 19 percent. From the major categories of steel, building materials, energy, rubber, mineral prices, chemical products and light industry raw material prices are basically unchanged from the previous week; non-ferrous metals and agricultural supplies ( http://frbiz.com/industry-products/agriculture.html ) prices down. From specific varieties of crude oil, 0.5mm non-oriented silicon steel sheet and potassium chloride rose 4.6 percent, 3.3 percent and 1.6 percent, respectively, compared with the previous week.

About Frbiz.com

The mission of Frbiz online is to aggregate business information and experience, so that consumers may easily access, share and engage in free trade online as well as generate wealth. Frbiz.com offers a variety of high quality products such as tools and hardware ( http://www.frbiz.com/q-tools_and_hardware/ ), wood chair ( http://www.frbiz.com/q-wood_chair/ ), vga to cable ( http://www.frbiz.com/q-vga_to_cable/ ) and many more.

For more information, please contact:

Frbiz.com Tel: +86-10-6556-9770 Email: my@frbiz.com

SOURCE Frbiz.com