Ministry of Agriculture and Rural Affairs of China: The recent increase in vegetable prices is a normal seasonal fluctuation, and the current market supply is sufficient

Published Feb 9, 2021

Tridge summary

The Ministry of Agriculture and Rural Affairs has reported an increase in the prices of vegetables in some areas, largely due to normal price fluctuations during the Spring Festival. The market supply is adequate and the planting area for winter and spring vegetables is expected to increase by 1 million mu, leading to a slight increase in the total amount of vegetables on the market in the first quarter. By the next month, the market is projected to have 48 million tons of vegetables, marking a year-on-year increase of 2.6%, and 43 million tons of vegetables are expected to be marketed, up 3.1% from the previous year.

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

Original content

CCTV News: The reporter learned from the Ministry of Agriculture and Rural Affairs that the prices of vegetables in some places have risen to varying degrees recently. Generally speaking, the prices of vegetables have risen mainly seasonally, which is due to normal price fluctuations during the Spring Festival. The average market volume is increasing steadily, and the market supply is sufficient. According to the scheduling, the planting area of winter and spring vegetables in the country is expected to be 85 million mu, an increase of 1 million mu year-on-year. The planting area of bulk vegetables such as Chinese cabbage, cucumber, tomato, eggplant, and cowpea has increased. The field is growing well. In the first quarter, the total amount of vegetables on the market is expected to increase slightly, and is expected to ...

Source: Chinaeconomy