Chinese vegetable prices soar, spinach 17 yuan / catty, chives rose to 20 yuan

Published 2021년 10월 26일

Tridge summary

Vegetable prices in China have surged by 27% on average across 286 wholesale markets since October, driven by cold weather, supply shortages, and increased production costs. The price hike affects a variety of vegetables, some of which have more than doubled in price. The surge is attributed to severe flooding in major vegetable-producing regions like Henan, Shandong, and Hebei, and high national supply weight in October. Additionally, rising costs of production materials and labor have increased the cost of vegetable cultivation, further contributing to the price increase.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

[Epoch Times October 27, 2021] (Epoch Times reporter Li Jing comprehensive report) Recently, "vegetables are more expensive than meat" in many parts of China. It is reported that vegetable prices have generally risen sharply, mainly due to cold weather, Supply shortages caused by multiple factors such as flood conditions and rising prices of production materials. According to the monitoring of the Ministry of Agriculture and Rural Affairs, since October, the average price of 19 kinds of vegetables in 286 wholesale markets across the country has risen by 27%. "Beijing Youth Daily" reported on October 26 that when the price of vegetables was the most expensive this round, the price of spinach per catty was as high as 17.6 yuan (RMB, the same below). In the same supermarket, one catty of spinach can buy two catties. The situation of pork or three kilograms of chicken has become a hot spot for many netizens. Vegetable transaction data in the Jiangnan market show that in the past week, ...

Source: Epochtimes