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China: Vegetable prices fall seasonally in April, vegetables from major producing areas are on the market just in time

Published May 8, 2024

Tridge summary

The national 'vegetable basket' index in China decreased by 3.48 points in April compared to the previous month, and by 5.37 points from the previous year, according to the Ministry of Agriculture and Rural Affairs. This is due to an increase in the vegetable field area and an increase in the supply of local vegetables, leading to a seasonal decline in vegetable prices. The average wholesale price of 28 types of vegetables monitored by the ministry fell by 6.9% from the previous month and 0.2% from the previous year. The supply of spring vegetables is expected to continue to increase, further driving down prices.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The latest data from the Ministry of Agriculture and Rural Affairs shows that the national "vegetable basket" index was 122.96 in April, down 3.48 points from the previous month and 5.37 points from the previous year. Among them, vegetable prices showed a seasonal decline. In April, the national average wholesale price of 28 kinds of vegetables monitored by the Ministry of Agriculture and Rural Affairs was 4.86 yuan per kilogram, down 6.9% from the previous month and 0.2% from the previous year. In terms of varieties, 19 kinds of prices fell month-on-month, and 9 kinds of prices rose, among which zucchini, leeks, cucumbers, and green onions saw a large drop in prices. Experts said that at present, the area of vegetables in the field has increased nationwide, and the amount of local vegetables on the market will further increase in the later period, and vegetable prices are expected to continue to fall. Beijing: The conversion of production areas has been smooth and vegetable ...
Source: FoodChina
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