China: The cold wave affects Nancai’s entry as the capital vegetable market

Published 2021년 1월 18일

Tridge summary

A recent surge in vegetable prices in Beijing and other areas is being attributed to a combination of factors, including extreme weather conditions, logistical challenges, and increased packaging costs. The high prices are evident in both online and offline marketplaces, with Chinese cabbage experiencing the most significant price hike. The rise in vegetable prices is due to increased production costs, transportation issues, and the impact of the Hebei epidemic on logistics. However, major retailers like Carrefour and Wumart are implementing strategies to ensure vegetable availability and affordability during the Spring Festival, including offering insured vegetables and increasing supply through various channels.

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

Original content

The cold wave affects Nancai’s entry into the market. The epidemic raises logistics costs. Vegetable prices have increased. Recently, from e-commerce platforms to supermarket stores, vegetable prices have risen to a certain extent. In particular, Chinese cabbage has become a hot commodity in the winter. It is understood that there are many reasons for the increase in vegetable prices. On the one hand, the prices of vegetables in the production areas are high due to the cold wave weather, on the other hand, the cost of transportation and logistics has increased, and the cost of vegetable packaging has increased. Affected by the Hebei epidemic, the introduction of vegetables into Beijing is facing temporary Difficult, but Xinfadi Market and the major supermarkets in Beijing are doing everything possible to increase supply. "I went to the vegetable market last week and found that eggplants and ball lettuce were all 5 yuan per catty. Some time ago, eggplants were still two yuan per ...

Source: Chinaeconomy