China, Beijing Xinfadi: With a tight supply of producing areas and weak market demand, questioning will the price of vegetables experience a decline before the holiday

Published 2021년 1월 31일

Tridge summary

The article provides an overview of the current situation and future expectations regarding vegetable prices in Beijing. It explains that prices have slightly fluctuated but overall remained stable in the past two weeks, with a slight decrease from the previous week and a significant increase from the previous year. The article attributes these fluctuations to weather conditions and demand levels.

The article also discusses the impact of weather conditions on the production of winter vegetables in southern regions like Fujian, Zhejiang, Guangdong, and Hainan, noting that a tight supply before the Spring Festival was due to drought, cold waves, and typhoons. However, the situation is expected to improve as the supply from Yunnan and the harvest of small rapeseed and lettuce in northern greenhouses approaches. Additionally, the article highlights the stabilization of pork and egg prices, which are linked to the procurement levels of catering companies, and suggests that further decline in vegetable prices is possible as the temperature rises and more vegetables become available in the southern regions before the Spring Festival.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Vegetable prices were basically stable this week, fluctuating slightly, and declined slightly. On January 29, the weighted average price of vegetables in Xinfadi Market was 4.17 yuan/kg, down 0.24 from 4.18 yuan/kg in the same period last week (January 22) %; compared with 2.87 yuan/kg in the same period last year, an increase of 45.30%. Week-on-week increase; year-on-year increase; last weekend, the price rose 45.64% year-on-year, this week the year-on-year increase has narrowed slightly. ▲Beijing Xinfadi The wholesale price of vegetables in January (unit: RMB/kg) In the past two weeks, vegetable prices have basically remained stable. Although there have been slight fluctuations, the fluctuation range is very small. The weighted average price of vegetables in Xinfadi Market has been at 4.16 RMB/ It fluctuates between kg and 4.27 yuan/kg. The reason for the fluctuation is mainly due to the influence of weather changes. For example, if there is a dense fog, the vehicle stays on the ...
Source: Lvguo

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