Food prices gain again, with oil and sugar reaching multi-year highs: FAO index

0 Comment(s)Print E-mail Xinhua, March 5, 2021
Adjust font size:

World food prices continued to climb for the ninth consecutive month in February, the United Nations Food and Agriculture Organization (FAO) reported Thursday.

The FAO Food Price Index, which tracks monthly changes in the global prices of food commodities, rose 2.4 percent higher in February from the previous month, and 26.5 percent higher from a year ago. The overall index is at its highest level since July 2014, led by big gains in prices for vegetable oil and sugar.

The cereal price index rose an average 1.2-percent from January. Sorghum prices rose the most in February, climbing 17.4 percent during the month and up 82.1 percent over last year. FAO said the biggest factor behind the rise was strong demand from China.

Corn prices rose just 0.9 percent in February but were still up 45.5 percent from the previous year. Wheat prices were stable in February, FAO said.

The dairy price index climbed 1.7 percent for the month, pushed by limited supply from Europe and higher imports from China.

The meat price index saw the smallest gain for the month, rising 0.6 percent, remaining 4.0 percent below its level from a year earlier.

Vegetable oil and sugar were the big movers in the index.

FAO said vegetable oil price index gained 6.2 percent for the month fueled by speculation over falling supplies. The most pressure came from rapeseed and sunflower seed oils, pushed by supply worries from Europe and South America. With the latest gains, prices reached their highest point since April 2012.

Sugar, meanwhile, gained 6.4 percent to its highest levels since April 2017. Greater demand from Asian countries combined with continued supply worries -- especially from Brazil, which is using more of its sugar crop to produce ethanol. But the gains were tempered by expected increases in production from Thailand and India, FAO said.

The monthly FAO Food Price Index is based on worldwide prices for 23 food commodity categories covering prices for 73 different products compared to a baseline year. The next index is scheduled for release on April 8, 2021.

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 一本伊在人香蕉线观新在线| 国产成人做受免费视频| 久草资源在线观看| 正在播放高级会所丰满女技师| 国产免费播放一区二区| bt在线www天堂资源网| 日韩大片免费观看视频播放| 伊人久久大香线蕉亚洲| 国产v亚洲v天堂a无| 国产精品网址你懂的| AAA级久久久精品无码片| 日本漫画口工全彩内番漫画丝袜 | 四虎www成人影院| 伊人久热这里只精品视频| 岛国大片免费在线观看| 久久青青草原亚洲av无码| 欧美另类杂交a| 免费人成视频在线观看视频 | 久久久精品免费| 日韩夜夜高潮夜夜爽无码| 免费的一级片网站| 香蕉久久夜色精品国产| 国内精品视频在线播放一区| 中文字幕国产在线| 杨幂13分20秒未删减bt| 亚洲黄色第一页| 粗大的内捧猛烈进出视频| 国产亚洲精品美女久久久| 3d白洁妇珍藏版漫画第一章 | 一级性生活免费| 日韩一区精品视频一区二区| 亚洲欧美在线综合一区二区三区| 精品无码久久久久久国产| 国产成人亚洲综合| 色视频线观看在线播放| 国产真实伦在线视频免费观看| h片在线免费观看| 在线日韩麻豆一区| 两根一进一出啊灌满了视频| 成年性生交大片免费看| 久久精品女人天堂AV免费观看|