Years of Low Prices of Powdered Kudzu Root, How Much Room for Future Upside?

After reaching a low of 8.5 yuan (kg price, the same below) in recent years, the price of pink kudzu gradually recovered after the new production in 2021, and the price of the origin continued to rise slightly after the new production in 2022. Can this wave of upward market continue? Is there any chance to break through the historical high of 25 yuan?

　　In this issue, Tiandi Yuntu Chinese medicine industry big data platform according to production and sales data on the species market for an analysis.

　　First, powder kudzu production new continue

　　Yulin market: after the market opened, powder kudzu market sources move better, the origin of the source of goods continue to supply. At present, the new production of kudzu has been more than half, businessmen diligent into the fast sales, the overall movement is smooth, the market is firm operation.

The market price of the goods is 12-13 yuan. Because of this year's production is limited, business concerns about price changes in the market.

　　Bozhou market: with the new production of powder kudzu deep, the market is less than the same period last year, there are business purchases, the source of normal movement, the market inventory is normal, the price remains firm operation. The price of the product is currently in the low price, the price of the uniform Ding in 12 yuan up and down, there are businesses concerned about the market.

　　Anguo market: the new production of powder kudzu continues after the year, the market has been new goods into the market, business normal purchase and sale, the market remains firm. The product price fluctuations in recent years, the late need to pay attention to the source of digestion.

　　Guangxi Wuzhou powder kudzu dealers, the species in 2021, the middle and end of December began to produce new, new early by the price of fresh goods, the price of new goods quotes higher than the previous, the origin of sulfur-free big Ding trading price of 11-12 yuan.

At present, the new production period has been half of the powder kudzu, after the beginning of the year, the source of goods moving smoothly, the market continues to rise slightly. With the reduction of fresh harvesting, demand stability, the market later there is room to rise.

　　Second, powdered kudzu just experienced low prices

　　Powder kudzu root for a year planting a year harvest species, the production cycle is short, so the history of the market has not appeared very high, the highest is about 25 yuan in 2014. 2017-2020, powder kudzu market basically hovered between 10-13 yuan, the price fluctuations in recent years is not large.

　　The traditional planting habits of powder kudzu root to carry out production, there is no rotten market nor shortage of supplies. the end of 2020, the Chinese herbal medicine market began to rise, powder kudzu market but still lukewarm, February 2021 even fell to the lowest point in recent years 8.5 yuan.

　　The new production started in December 2021 and continued in late February 2022, with limited production feedback from the origin, before the price rose slightly.

　　Third, the origin of the relative concentration

　　Powder kudzu root main production area of the West River and Pearl River basin, distributed in Guangxi Yulin, Wuzhou, Hezhou, Guilin, Guangdong's western Guangdong; in addition, Hunan, Jiangxi, Guizhou, Sichuan, Hubei, Yunnan,, Chongqing and other places are planted, but the planting area are not large, and because of seedlings, soil, climate and other reasons, resulting in varieties and production is less than the two broad areas.

　　Medicinal commodities mainly from the processing of Guangxi production areas, accounting for more than 85% of the country's medicinal output; Sichuan's Dujiangyan, Pengzhou also have a large scale planting and processing, small quantities from imported sources.

　　Vine County, Wuzhou, Guangxi is the largest production area of powdered kudzu in China, and the annual production accounts for more than half of the total national output. Each year, the total production of powdered kudzu in Guangxi province is about 29,000 tons (including edible), accounting for about 60% of the total national production, so it has an absolute say in the powdered kudzu market.

　　In addition to the large planting area and relatively concentrated production in the town of Heshui in Gaoyou District, Shigu Town in Gaocheng and Chunwan and Bajia Town in Yangchun, production in other regions in Guangdong is relatively scattered. In recent years, the production area of the Guangdong production area is being reduced, and the output is mainly sold in the provincial vegetable market, with less and less processing for medicinal purposes in the past decade.

　　According to the statistics of Tiandi Yuntu Chinese medicine industry big data platform, the total output of pink kudzu root in 2020 is about 42,200 tons, and the output in 2021 is about 38,370 tons.