The prices of leafy vegetables across China have remained at record highs in recent months. A reporter from the EO learned that the price of bocai (Chinese spinach) in a Qingdao vegetable market is currently more than 16 yuan per kilogram, higher than the usual price of between 10 and 12 yuan per kilo. The wholesale price for bocai in Shanghai, Nanjing and Hohhot in Inner Mongolia is 26 yuan, 21 yuan and 15.2 yuan per kilo respectively. Droughts and floods in southern China have affected summer crops and, at present, there is no sign that speculation is pushing prices higher, according to a senior agricultural analyst that spoke to the EO.

Source
Economic Observer Online

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