the Peoples Republic of China: serious fluctuations in the market of vegetable oil it is not expected

12.04.2007 16:49 "Agro Perspectiva" (Kyiv) — In the ministry of commerce of the Peoples Republic of China exclude an opportunity of serious fluctuations in the market of vegetable oil owing to increase of the prices on peanut. In the general(common) consumption the share of peanut oil(butter) makes all approximately 15 %, the representative of department has noted. Thus, it(he) has specified, in the market enough wide range is presented — are much offered on sale soya both rapsovoe oil(butter) and maslosmesi which stocks allow to satisfy in full needs(requirements) of citizens, informs IA «Sinkhua». According to data for April, 2–8nd, in 36 basic cities of China the average price for peanut oil(butter) in packing made 16,41 yuans/kg (10 þàíåé=33,53 the rbl.), that on 0,7 % is more dear(expensive), than one week ago. The greatest rise in price — from 2,8 % up to 4 % — is fixed(recorded) in southern and east cities Fuzhous, Guangzhou, Tsinan, Shanghai and Tsingtao. In the ministry of commerce specify an essential rise in prices on raw materials as a principal cause of the occured(happened) rise in price. So, in the end of March cost t a peanut in the basic making areas has reached(achieved) on the average 7600 yuans, having increased on 12 % (approximately 800 yuans/Ô) in comparison with the period till a holiday of Spring (on February, 18th).

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