The weighted average price of vegetable in the Xinfadi Market in Beijing has shown a seasonal downward trend over the recent days. The marginally shifting prices have in general been experiencing slight decreases. It is reported that the main reason for the drop in prices is the increased production brought about by the rise in temperature. It is predicted that with generally better supply, prices this spring should be slightly lower than last year If no extreme weather occurs in the coming months.
According to the person in charge at the Market, the temperature in most parts of China has been rising since March, as a result of seasonal effects. Although the recent weather conditions are complex and ever-shifting, temperatures are on the rise, which has led the growth of solanaceous vegetables in greenhouses in North China to accelerate and the production to increase. As a result, prices have fallen in varying degrees.
At the same time, while in the winter, niche varieties produced in Northern China need to be grown in heated greenhouses, resulting in higher production costs, they can be grown at room temperature when the temperature rises, leading to higher production and lower costs. Recently, prices of baby spinach, bok choy, pakchoi, and leafy lettuces have fallen markedly.
Source: Today's Headlines