FAO: The average food price index of the Food and Agriculture Organization in March 2024 was 118.3 points

On April 5th, Jinshi Futures reported that the average food price index of the Food and Agriculture Organization in March 2024 was 118.3 points, an increase of 1.3 points (1.1%) from the revised index in February. The increase in vegetable oil, dairy products, and meat price indices completely offset the decline in sugar and grain prices. Although the rebound of the index this month reversed seven consecutive months of decline, it still fell 9.9 points (7.7%) compared to the same period last year.