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The price of green onions continues to rise, and the market is unclear in the later period

Green onion is a very common flavoring vegetable and the market demand has always been large. Since the beginning of this year, the overall price of green onions has continued to rise. The reasons are as follows:

1. Reduced planting area

Last year, the price of green onions was low, and the selling price was not enough to cover the labor costs. Therefore, the number of farmers who planted green onions this year was significantly reduced. Because of this, the supply of green onions this year has been greatly reduced, and the price has also increased.

2. Increased planting costs

Since the beginning of this year, the cost of planting green onions has increased, and the prices of chemical fertilizers, pesticides, and labor have risen rapidly, which has indirectly led to an increase in the price of green onions.

3. The price of various vegetables has risen

Affected by the pandemic, the prices of various grain crops and vegetables have risen since the beginning of this year. We can also feel it in our daily life. In this case, the price of green onions will also rise.

4. Rain causes onion production to decrease

This year, many areas in China have had excess rainfall. For example, Shandong Province, the main producing area of ​​green onions, had more rainfall in June and July, which directly affected the normal growth of green onions, resulting in a certain degree of production reduction. Originally, the planting area had been reduced, but at this time, there was also a reduction in production. The supply in the market was insufficient, but the demand had not decreased, which would also lead to an increase in the price.

Forecast of green onion market in late 2022
Since 2022, the price of green onions has basically been on an upward trend, and some farmers will worry that there will be a downward trend in the later period. It is understood that because the temperature will get lower and lower and the weather will gradually become colder, the demand for green onions will increase, so the price of green onions will continue to rise. By the end of the year, there will be more people buying green onions. In addition to stores that will stock up in advance, individual consumers will also purchase more for New Year. It is unlikely that the price of green onions will fall in the latter months of 2022, and the upward trend is expected to continue until the new season hit the market next year.

Source: wugucomcn

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