The price of coriander before August 13th stayed at around 10 yuan/kg. Since then, prices have continued to increase at a rate of 2 yuan per kilogram each day, reaching 20 yuan/kg on the 18th of August.
There are a few reasons for sky-rocking prices. First of all, supply has been reduced, largely due to rainfall and high temperatures. In addition, many parts of China are experiencing rainy weather, which has resulted in severely reduced production. Secondly, this is caused by the irreplaceability of the product. Coriander as a condiment is a necessity for restaurants, so everyone has been competing to purchase this product, naturally driving the price up.
Coriander in the Guangzhou market are currently from three areas - Yunnan, Hebei, and the local area, but local coriander is generally not available in the Jiangnan Market but is supplied directly to the secondary and tertiary markets.
Source: Vegetable Circle