China: This spring, vegetable prices across the country continue to fluctuate at a high level

Published 2022년 3월 24일

Tridge summary

Vegetable prices in China have been fluctuating at high levels since the start of spring, due to factors such as weather, epidemics, fuel prices, and transportation costs. The Ministry of Agriculture and Rural Affairs has reported an increase in the wholesale price index of vegetable basket products, leading to a rise in the average price of 28 types of vegetables. The high price of vegetables is attributed to weather conditions, epidemics, and increased freight rates. Despite the expectation of a seasonal decline in prices after April, the cost of some winter and spring vegetables is expected to remain high due to continuing unfavorable weather in the south and rising costs of agricultural materials.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

People's Daily Online, Beijing, March 24 (Reporter Li Dong) Since the beginning of the spring, vegetable prices across the country have continued to fluctuate at high levels. Experts said that due to multiple factors such as weather, epidemics, gasoline and diesel prices, and rising transportation costs, vegetable prices fell significantly slowly. Compared with the same period of previous years, but as the temperature rises, the prices of most varieties will enter the seasonal decline range. The monitoring data of the Ministry of Agriculture and Rural Affairs showed that on March 23, the “200 Index of Wholesale Prices of Agricultural Products” was 134.01, an increase of 0.07 points from the previous day, and the wholesale price index of “vegetable basket” products was 137.00, an increase of 0.09 points from the previous day. The average price of 28 kinds of vegetables was 5.72 yuan/kg, an increase of 0.5% over the previous day. The top five price increases on the 23rd were pears, ...
Source: Chinaeconomy

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.