BEIJING—Chinese consumers are likely to have to pay more for food staples like noodles and bread this year, as record wheat prices in the world’s top consumer of the grain get passed on to food makers, traders and analysts said.
Wheat harvested in China in recent weeks is being sold at around 3,200 yuan ($477) per tonne, about 30 percent higher than a year ago and the highest level on record, despite stable demand.
