Egg and vegetable prices in Hebei Province drop noticeably after the holiday

Data provided by the Hebei Province Price Monitoring Center shows that after the Spring Festival, prices of most daily necessities in Hebei Province fell. Among them, pork prices declined slightly, while egg and vegetable prices dropped noticeably.

After the holiday, consumer demand in the meat market weakened in a regular pattern, and combined with ample live pig supply in Hebei Province, market supply exceeded demand, causing pork prices to decline slightly. On March 2, the average pork price across the province fell 2%, and pork prices in Hebei Province are expected to continue running weakly while remaining stable in the near term.

Egg prices saw a sharp drop. On March 2, the average egg price in Hebei Province fell 9.2% compared with the previous period.

Vegetable prices fell sharply. On March 2, among the 16 vegetables monitored in Hebei Province, 3 rose, 1 was flat and 12 fell. Among those with larger declines were Chinese chives, eggplant, zucchini and cucumber, while the average price of 8 common vegetables fell 13.2% compared with the previous period. Vegetable prices in Hebei Province are expected to run weakly while remaining stable in the near term.

(Hebei News Network)