News

Wuhan emerges as China's premier chili pepper trading hub

Dried Whole Chili Pepper
Vegetables
China
Market & Price Trends
Innovation & Technology
Published Mar 27, 2024

Tridge summary

The inaugural chili pepper exchange in Hubei province has commenced operations at the Hankoubei International Trade Center in Wuhan, coinciding with the 2023 Wuhan (Hankoubei) commodities fair. This exchange, showcasing 24 varieties of chili peppers from both domestic and international origins, aims to establish itself as a central trading hub for chili peppers in China's central and western regions, serving the spicy food preferences of over 40% of the Chinese population. Managed by the Wuhan International Trade Group, the exchange implements a rigorous selection process for traders, including application submission, quality inspection certificates, and sample reviews, to maintain high standards of quality for the traded goods.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The first chili pepper exchange in Hubei province, which has introduced 24 varieties of chili peppers from domestic and international sources, is establishing itself as a comprehensive trading center for directly sourcing chili peppers in China's central and western regions.Located within the Hankoubei International Trade Center in Wuhan, the exchange officially commenced operations during the 2023 Wuhan (Hankoubei) commodities fair, held from Oct 30 to Nov 6.One map at the exchange reveals that over 40 percent of the Chinese population is avid spicy food consumers. The regions of Hunan, Hubei, Jiangxi, Sichuan, Chongqing, and Guizhou are highlighted in vibrant red, signifying them as the areas with the highest spicy food consumption in China.According to Xu Kun, general manager of the trading division of Wuhan International Trade Group, the operator of the exchange, it is equipped with ...
Source: Chinadaily
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