Sannong Zhongguo recently reported that spring vegetables entered the market, and their product quality is relatively high. The spring vegetables received a warm welcome in the Chinese market. The price of vegetables is now much lower than it was around Chinese Spring Festival [February 5th, 2019]. Industry analysts stated that recent low temperatures pushed the vegetable price up, but predicted that the prices will soon come down as the temperature goes up.
Vegetable supply around Spring Festival was sufficient and the average price was lower than in recent years. Furthermore, in recent years the price was relatively high and then quickly dropped when Spring Festival concluded, but this year the price came down more gently.
Vegetable supply is stable and the temperature is rising, which means that in the near future the price will continue to fall.
Source: cnr.cn