We all know that the market is an invisible hand. Now there are some shocking things happening in the market. Nowadays, the price of green onions, which are used as seasonings every day, has dropped in a few days. The price has increased several times, so many people are moved and puzzled by this. Therefore, the question arises: why did the price of green onions increase several times in just a few days? The answer to this question is probably related to the weather, short supply and the hype of merchants. Let’s explain it in detail below.

I believe everyone has had this experience. Many times when we go to the market to buy food, we will find that even if it is daily necessities, sometimes the price will be several times higher. , we have been exposed to it when we were studying economics. For high-end durable goods, when the price rises or falls, the demand will change significantly, but for this kind of daily necessities, in fact, consumer demand does not How big a change will there be? But this year, the price of green onions in my country has increased several times in just a few days. There are many reasons for this situation.

First of all, this is likely to be related to the weather. We all know that the growth of crops is closely related to the weather. If the weather changes abnormally, it will lead to a reduction in crop production. The main reason for green onions is The production areas are Hebei, Henan and Shandong in my country. However, the weather in these places has been severely drought this year, which has caused the yield of green onions to be greatly reduced.

This leads to a situation where supply exceeds demand. I believe everyone has heard the saying that things are more valuable when they are scarce. When supply and demand are insufficient, and when demand rises, this kind of scarcity will appear. Due to the expensive situation, many merchants will take the opportunity to drive up prices in order to obtain more profits. This is why the price of green onions has increased several times in just a few days.