Fertilizer prices increased by 26% year-on-year

The reporter recently learned from the Jiangmen Municipal Price Bureau that in the first quarter of this year, prices in Jiangmen City were operating at a high level. The prices of foodstuffs such as grain, oil, vegetables, meat, poultry, eggs and other food products were met with rain, snow, and freezing weather. After the Spring Festival season, the city’s overall performance increased. The price of civilian bottled liquefied gas (14.5kg) rose first and then fell, compared with last year. Compared with the quarter, the average price increased by 9.3% year-on-year.

The price of lettuce and watercress increased by 86.7%

According to reports, the demand for local fertilizers began to increase in the first quarter under the impetus of spring plowing, which in turn drove the prices of fertilizers in Jiangmen City to continue to rise slightly in the first three months of the year. Fertilizer prices increased by an average of 26% in the first quarter compared to the same period last year. For example, the average retail price of domestic compound fertilizer in the first quarter was 2883 yuan/ton, up 27% year-on-year. The average retail price of Norwegian compound fertilizer in the first quarter was 3,500 yuan/ton, up 25% year-on-year. In addition to chemical fertilizers, prices of agricultural materials, including pesticides and agricultural films, also showed different degrees of increase.

In terms of vegetables, vegetable prices fluctuate significantly in the first quarter due to seasonal and weather conditions. In January, due to the cold weather, the growth of vegetables in the urban areas was eroded and frostbite was serious. The total amount of vegetables in the market was in short supply, and vegetable prices soared. Compared with the prices in December last year, cabbage hearts, lettuce, and western vegetables all increased to 2.8 yuan/500g, with an increase of 55.6%, 86.7%, and 86.7% respectively; Chinese cabbage and tomatoes both rose to 2.5 yuan/500g, respectively. 66.7% and 25%. In February, due to the large number of vegetables listed, the market supply increased significantly, and the market conditions for supply exceeding demand caused the price of vegetables to drop substantially. If the price of cabbage is 1.8 yuan/500g, the price of lettuce is 1.3 yuan/500g. In the month of March, the cold weather has improved. In addition, the Spring Festival consumption peak period has passed. Except that the prices of green peppers and sharp peppers have risen, other vegetable prices have begun to gradually decline and normal price levels have been restored.

The retail price of the aquatic product market rose across the board in terms of meat, poultry and eggs. The price in the first quarter was basically the same as the price in the fourth quarter of last year. The price of meat continued to rise, and the price of eggs increased first and then decreased. In January, the price of pork remained at the level of December last year. By February, it was the Spring Festival. The market was booming in both buying and selling, and the price of meat and eggs continued to rise. Lean meat, pork ribs, live geese, and eggs increased by 14.3%, 5.9%, 6.7%, and 10.4%, respectively. In March, the Spring Festival purchase peak period has passed and market demand has cooled, but pork prices continue to rise steadily due to rising buying prices of live pigs. Affected by the increase in pork prices, the prices of beef and mutton rose slightly, with an increase of about 4%. The price of eggs and eggs dropped slightly.

In terms of aquatic products, retail prices in the aquatic products market rose in the first quarter. Among the fish species widely consumed by the public in the day, grass carp, squid and Roche shrimp have all increased in price. Grass carp rose from 7.50 yuan/500g in January to 8.00 yuan/500g in February, an increase of 6.7%; carp rose from 4 yuan/500g in January to 4.5 yuan/500g in late February, an average increase of 18.5%. Roche shrimp rose from 25 yuan/500g in January to 27 yuan/500g in mid-March, an increase of 8%. As aquatic products have entered the off-season in spring, the supply on the market has decreased, so prices continue to rise.

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