China: high vegetable prices

As the winter season approached, lower temperatures and less sunshine resulted in the slow growth of vegetables. Coupled with the continuous smog and snow in the North and Northeast region, vegetables production is impacted. The situation worsened especially after the nationwide snowfall in Mid-January. The good news is: vegetable supply will be guaranteed during the spring festival market, thanks to the peak season of vegetable harvest in vegetable bases located in Guangxi, Hainan and other southern cities.

When these vegetables are transported to the North, together with the yield increase of greenhouse vegetables in Shandong and Hebei province, the vegetable supply will be stabilized. Currently, it is the peak time of Chinese Spring Festival shopping.

According to the consumption trends in previous years, the price of vegetables will continue to maintain high momentum during the upcoming period, especially before the Lunar New Year. With temperatures rising, vegetable production will increase gradually. However, due to the fact that greenhouse vegetables remain popular in the market, it is estimated that the vegetable price within the next short-term will remain relatively high, and it is very unlikely that the price will decrease.

Source: Farmer Daily