Chinese vegetable prices increased by 39.9% in summer due to high temperatures and rainfall, causing a market supply strain.

China's vegetable prices increased by 39.9% this summer due to high temperatures and frequent rainfall, affecting 28 tracked vegetables, according to the Ministry of Agriculture and Rural Affairs. Above-average rainfall led to a decline in vegetable production and damaged roads in vegetable fields, causing a market supply strain. Analysts expect prices to peak in early September and then enter a downward trend.

August 17, 2024
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