They have all gone up a lot, and the prices of so many foods have risen together, which is a bit of an inflationary posture. Let's take a look at the latest c p i data. In December, c p i increased by 0.2% year-on-year.
For the entire year of 2020, prices have increased by 2.5%. From the data point of view, prices are quite stable, and inflation has not come. The price increase of green onions is not due to the general price increase caused by inflation.
But for another reason. The first is that last year's green onion production was severely reduced. Because the price of green onions in 2019 was too low, it fell to a few cents per catty at one time. Therefore, in 2020, many farmers are not growing green onions.
The national green onion planting area has decreased by about 30%. In addition, the main green onion producing areas such as Shandong and Yunnan experienced heavy rainfall last year. The green onions are drought-tolerant and flood-resistant.
Many onion seedlings have died, the planting area has shrunk, coupled with the disaster-stricken green onions, the price will naturally rise. The second reason for the rise in green onion prices is capital speculation.