China: The Spring Festival is approaching, meat, oil, eggs, vegetables may usher in a slight increase

The article highlights the significant price increases in key agricultural products in China as the Spring Festival approaches, a trend seen every year. Despite some challenges like epidemics and adverse weather, the Ministry of Agriculture and Rural Affairs is taking necessary measures to ensure a stable production and supply of important agricultural products. However, pork and mutton prices are expected to rise, with pork prices reaching an 18.83% increase since the beginning of the year, and mutton prices also experiencing a surge due to supply-demand imbalance and reduced imports. Additionally, vegetables and eggs have seen price hikes, affecting consumers. Edible oil and dairy product prices have also increased globally, with concerns about further increases. The article also mentions that dairy companies like Yili Group and Mengniu Dairy have increased the prices of their white milk products by 3-5% and 4-5%, respectively. The article does not provide an interpretation or assumption but presents factual information about the current situation of agricultural product prices in China.