China: A bumper harvest of green onions in the production area, the price of green onions fell by only 1 yuan per catty

Published 2021년 6월 4일

Tridge summary

The average price of green onions in China's Beijing Xinfadi market is 1.2 yuan per catty, which is similar to the price from the previous year. The current price is about 52% of the high price recorded in February, which was 10.29 yuan per kilogram. The decrease in price is due to the listing of green onions from Shandong producing areas. Buyers believe that the current price is normal, with limited room for further decline. Green onion sellers in Beijing believe that the current price is the normal price for this period in the market.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

As of June 4, in the Beijing Xinfadi market, the average price of green onions per catty was 1.2 yuan, and the lowest price was only 80 cents, which is close to the same period last year. Since February, the price of green onions has surpassed the high point. As of June 4, in Beijing’s Xinfadi market, the average price of green onions per catty was 1.2 yuan, while the lowest price was only 80 cents, which was close to the same period last year. According to data from the Ministry of Agriculture and Rural Affairs, At present, the average price of green onions in the country is only about 52% of the high price. A buyer told the Beijing News that the listing of green onions in Shandong producing areas is the main reason for the decline in this round of onion prices, and this year's production and planting area of green onions in Shandong producing areas Buyers believe that the current price of green onions has reached a normal level, and there is limited room for subsequent decline. ...
Source: Sohu

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