China - The pork trade picks up
30 Jul 2012
Last week, the price of pork, a staple meat in China, dropped 0.2 per cent from a week earlier and 23.5 per cent year-on-year, the ministry said.
The retail price of eggs decreased for a fifth week, down 0.3 per cent from the previous week and 2 per cent cumulatively for the past five weeks.
Food prices account for a nearly one-third of the prices used to calculate China's consumer price index, which eased to 2.2 per cent in June, its lowest level since January 2010.
Source: Argentine Beef Packers S.A.
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