Chinese onion price plummeted by -62.86% YoY to USD 0.12/kg in W3 May-22. Increased production of Chinese onion is expected by +16.81% YoY because of the expanded acreage. The limitation to export onion due to the lockdown in China held back its export activities to the global market which led supply overflow in the domestic market. For that reason declined the price of Chinese onion in mid-May 2022.
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