China Market: Continuous Snowfall Leads To Hike In Vegetable Prices
Recently, Central China and South China have had a large amount of precipitation, which lasted for a long time. Roads were badly affected resulting in delayed transportation. Continuous snowfall has caused a general increase in vegetable prices and the freezing temperatures and heavy rains in the southern producing areas also affected the growth rate of vegetables, resulting in a decline in production. It also affected harvesting and picking.
Snowfall has no direct impact on vegetable prices. However, low temperatures and insufficient light affect the growth rate of greenhouse vegetables in the northern producing areas, resulting in a short-term decline in production which has led to a shortage in supply and a rise in vegetable prices.The varieties with price rise are mainly the solanaceous vegetables and leafy vegetables in the northern producing areas. Once the temperature rises and the light is sufficient, the price will fall as the production goes up again.