China: Beijing increased its “vegetable basket” guarantee, and vegetable prices dropped significantly

Published 2021년 1월 20일

Tridge summary

The article explains how the vegetable market in Beijing has been affected by the local new crown epidemic in Hebei, leading to increased prices for vegetables. The rise in transportation costs and poor road conditions have contributed to the price hike, with green onions reaching 8 yuan per catty. However, prices have since dropped to around 5.5 yuan per catty as transportation has improved and epidemic controls have been relaxed. Despite the higher prices, the market volume has reached about 90% of the same period last year, ensuring consumer demand. Supermarkets like Carrefour have increased their stocks to maintain supply and stable prices. The article also mentions the allocation of vegetables from other production areas like Shandong, Sichuan, and Yunnan, ensuring the supply in Beijing remains stable.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Affected by the local new crown epidemic in Hebei, the price of vegetables in Beijing has risen to a certain extent recently. For example, the wholesale price of green onions has risen to 8 yuan per catty. Recently, the reporter visited Xinfadi and other markets and learned that as the road to Beijing gradually becomes smoother, vegetables Prices have dropped significantly, and the current wholesale price of green onions has dropped to around 5.5 yuan/jin. According to statistics from Beijing Xinfadi, the price of vegetables in the early period of last week jumped sharply due to the impact of poor road transportation, and prices fell rapidly in the latter part of the week. According to statistics, in January On the 15th, the weighted average price of vegetables in the Xinfadi market was 4.22 yuan/kg, an increase of 4.84% from 4.13 yuan/kg on January 8 of the previous week; an increase of 59.85% from 2.64 yuan/kg in the same period last year. But on January 8 Compared with the same ...
Source: Lvguo

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.