品等 is read as ひんとう (hintou) and means grade.
ひんとう
hintou
じょうとうひん
first-class article
ひんしゅ
(taxonomical) form
ひんかく
dignity
ひんせい
character
ひんい
しなかず
variety of goods
しなさだめ
evaluation
こうとう
high class
びょうどう
equality
たいとう
equality (esp. of status)
いっとう
most
ふびょうどう
inequality