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Weather takes toll on vegetable prices

(Global Times)

08:17, May 15, 2012

Wholesale prices of 18 kinds of vegetables tracked by the National Development and Reform Commission (NDRC) went up 2.4 percent week-on-week in the last week of April.

Dwindling supplies caused by continued rainstorms in Guangdong Province were cited as the main reason behind the price gains, according to the NDRC.

But, with the weather set to improve in the coming weeks, supplies will likely return to normal levels and prices are expected to drop in the near future, the NDRC explained. Average vegetable prices in China skyrocketed up 26.1 percent month-on-month in January, according to the National Bureau of Statistics.


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