Vegetable prices fall under toll-free policy

08:11, November 30, 2010      

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Recently local governments around China have carried out toll-free policies on selected farm produce. As a result, the prices of vegetables like potato began to drop.

Potatoes, a hearty vegetable, are especially popular in cold winters. Mr. Sun sells potatoes for wholesale at the Shijiazhuang market in Hebei province. He says the costs of the vegetable have fallen after tolls on expressways were cut. Most potatoes at his market come from Shaanxi province.

Mr. Sun, one wholesaler said "The wholesale price of potatoes has fallen. It's 1.15 yuan per 500 grams. After the tolls were eliminated, transportation costs decreased too, so the prices are lower."

Zhang Bo, Market Manager of Shijiazhuang Vegetable Market said "According to our data, the wholesale price of potatoes from Shaanxi province was 1.34 per 500 grams, but today it's a little more than 1.10 yuan. Prices of potatoes from Zhangjiakou city have dropped to 0.95 yuan per 500 grams."

And it's not just potatoes. Other commodities such as peanuts, corn and sweet potato also fall under the toll-free policy. Thanks to the lowered transportation costs, the price of sweet potatoes have decreased to about one yuan per 500 grams.



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