Sannong Zhongguo reports that tomatoes sold well in the last half year. The price greatly increased and even reached more than 5 yuan [0.74 USD] per 0.5 kg. Now that the supply volume is growing, the price is gradually coming down again.
The tomatoes currently on the Beijing market mainly come from production areas in Chifeng in Inner Mongolia, Panzhihua in Sichuan, Cangnan in Zhejiang, and the west of Liaoning. Xie Lei, a data analyst at the Xinfadi Market explained that the price of tomatoes gradually came down last week because supply from the west of Liaoning is growing as more greenhouses come into operation. The supply volume will continue to grow and later this season the supply shortage may turn into an excess supply.
Li Tao, data analyst at Zhuochuang Information, stated that the main reason for price fluctuations in the tomato market is the relationship between supply and demand. The weather also has a great impact on the tomato market. The great market conditions did not have a great impact on the first harvest of tomatoes in greenhouse plantations, but the second harvest already showed significant growth as farmers shifted from other crops to grow tomatoes. In addition, the weather continues to improve. As many production areas increase their supply, the overall supply volume may exceed demand, and then the price will fall.
Source: cnr.cn