China’s vegetable prices surging as 40-year worst flood hits

China's vegetable prices are surging after its major vegetable planting areas are hit by the worst flood in forty years.

The vegetable price index in Shouguang, one of China's biggest vegetable planting base and worst hit by the flood, rose 10.3 per cent last week compared to the previous week, according to data from the Ministry of Commerce.

In particular, the sub-index for Chinese cabbages, beans and tomatoes surged 39 per cent, 23 per cent  and 13.9 per cent respectively.SIGN IN  OR SUBSCRIBE TO GET FULL ACCESS.

 

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