Fresh Cabbage Prices in China Increased 50% Over the Past Two Weeks Owing to a Special Custom in the Northern Regions

The wholesale price of fresh cabbage in Wuzhong, China, has increased by 10% WoW in W46 following a 25% increase in the previous week, owing to a special custom in northern China. Given the bumper harvest, the wholesale price of fresh cabbage is expected to fall in Q4-23.