Data from Xinfadi Market shows that the current wholesale price of round white cabbage is 1.5-1.9 yuan [0.22-0.28 USD] per 0.5 kg, which is a decrease of 12.82% in comparison with last week.
Xinfadi data analyst Liu Tong explained that the market supply of round white cabbage during the winter mainly comes from production areas in Hubei, Sichuan, and Yunnan, where the cabbages are produced in open fields, as well as Tangshan in Hebei where the cabbages are produced in greenhouses. The supply of round white cabbage from Hubei exceeded demand last year at the beginning of winter. The price then dropped to a low point, but began to rise again when clouded weather and excessive rainfall slowed down the production of round white cabbage.
The price remained high after Chinese Spring Festival [February 5th, 2019], and even increased at times, until two weeks ago when the price began to fall. This change is the result of a shift in supply conditions as production areas from Xuzhou in Jiangsu began to supply round white cabbages to the market in Beijing. Still, the cabbages are produced in greenhouses and the production volume is small, so the price remains relatively high.
The surface area devoted to round white cabbages in Handan, Hebei, increased this year. These open-field cabbages will enter the market in half a month and at that time the price decrease will become more pronounced.
Source: Beijing Evening News