Shouguang Week Price: China's Vegetable prices are soaring high

Published 2021년 1월 21일

Tridge summary

The vegetable price index at Shouguang Dili Agricultural Products Logistics Park has seen a significant increase of 36.3% year-on-year, driven by a surge in demand and adverse weather conditions affecting production. The index includes a detailed analysis of price changes in 10 major vegetable categories, with some experiencing substantial increases like beans, cabbage, and cabbage, while others like aquatic, melons, and vegetables saw a decrease. The logistics index also rose, indicating increased vehicle traffic and listings. The article provides an in-depth analysis of the current market situation and future trends, highlighting the effects of weather, transportation costs, and demand on vegetable prices. It is expected that prices may continue to rise due to ongoing cold weather and the approaching spring festival, which is expected to boost demand.

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

Original content

1. Trend description This week, the vegetable price index of Shouguang Dili Agricultural Products Logistics Park was 221.77 points, an increase of 13.88 percentage points from last week's 207.88 points, a month-on-month increase of 6.7% and a year-on-year increase of 36.3%; the logistics index was 124.21 points, which was 107.02 points from last week. An increase of 17.19 percentage points, a month-on-month increase of 16.1%; vegetable trading volume increased by 12.0% month-on-month, an increase of 16.9% year-on-year. Figure 1-Weekly price fixed-base total index trend chart Among the 10 major vegetable category indexes monitored this week, 7 categories of indexes rose 3 categories Among them, the categories that rose significantly were beans (35.7%), cabbage (27.3%), and cabbage (24.6%); categories that fell significantly were aquatic (-13.4%), melons and vegetables (-9.6%) ). Figure 2-The rise and fall of the top ten vegetable category indexes The price ring of vegetables ...

Source: Lvguo