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China: Henan celery price increase

The price of celery in the Wanbang Market showed an upward trend last week. The main reasons for this development are as follows: first, production areas have changed. The week before last, most celery was locally produced. The cost price of transport was low and the production volume was large. This led to a continuous price decrease in the week before last. The celery supply gradually changed to Hebei, which increased the cost price of transport, and led to a celery price increase last week. The volume of Hebei celery on the market is expected to increase in the next five days (Shandong celery arrives on the market after two weeks).

Second, the product quality increased. Last week the local supply of celery reached its final stage and quality went down. The fresh celery from Hebei entered the market, and so the quality of celery on the market increased. This led to a price increase. It is estimated that the supply volume will continue to increase and the price will then come down.

Source: Henan Wanbang Market
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