China: Sufficient quantity, stable supply and guaranteed price of vegetable basket during the Spring Festival

Published 2021년 1월 25일

Tridge summary

A recent surge in the prices of fresh agricultural products in Beijing and Hebei is attributed to a combination of factors including harsh weather conditions, the rebound of the new crown pneumonia epidemic, and transportation issues. The price hike has affected the supply and availability of vegetables, pork, and aquatic products, though some improvement is noted as transportation capacities increase and supply chains adjust. The Xinfadi market, a major hub for supplying Beijing and Tianjin with vegetables, has seen price fluctuations, with some items experiencing significant increases while others have seen decreases. Efforts are being made to ensure a stable supply and control prices, especially with the upcoming Spring Festival, when millions more are expected to be in Beijing, increasing demand. The China Agricultural Products Market Association is playing a role in coordinating market forecasts, data dissemination, and communication with provincial agricultural departments to address these supply chain challenges and ensure the availability of agricultural products in the capital during the Spring Festival and the National "Two Sessions".

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

Original content

Since the beginning of January, due to the strong cold wave weather, the local rebound of the new crown pneumonia epidemic, and the "festival effect", the prices of fresh agricultural products in Beijing and Hebei have risen sharply, causing consumers to pay attention. Recently, the reporter visited Beijing Xinfadi The market understands that with the gradual return to normal road transportation in some places, the supply of vegetables in the capital market has increased steadily, fruit stocks are sufficient, pork supply has continued to improve, and aquatic products have been launched faster. During the Spring Festival, the supply of "vegetable baskets" in the capital is generally guaranteed. . Insufficient transportation capacity pushes up vegetable prices in the short term. Recently, Xinfadi Market has been driven by vehicles. This agricultural product wholesale market, located outside Beijing’s southwest fourth ring road, is responsible for about 70% of the city’s vegetable ...

Source: Agri.cn