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Home > News > Food Industry News > Chinese Herbal Market Was Hot Last Week

Chinese Herbal Market Was Hot Last Week

ECHEMI 2022-03-14

 

 

herbal

 

 

The Chinese herbal medicine index stood at 1,391 points on 13 March, unchanged from yesterday, a record high for the cycle and up 42.67% from a low of 975 points on 25 November 2019. (Note: Cycle refers to 2019-06-30 to date).

 

According to the monitoring, in the 10th week of 2022 (3.7-3.11), the price of Chinese herbal medicines rose in a total of 3 commodities, fell in a total of 4 commodities and rose or fell in a total of 1 commodity. The main commodities that went up were: Medlar (1.12%), Forsythia (1.03%), Angelica (0.95%); the main commodities that went down were: Honeysuckle (-1.75%), Lycium (-1.53%), Panax ginseng (-1.05%). The average increase or decrease for the week was -0.26%.

 

The market price is firm, the price of Shandong goods in 52-53 yuan, the Sichuan goods between 66-70 yuan, the market is still variable.

 

The current Sichuan Santai production area is close to 3/1, the price of fresh goods is still no significant change, the transaction price is more in 9/10.5 yuan / city catty. Although Sichuan maitong is growing better this year, the yield is higher than last year, but the planting area is less than last year, so the total production is still lower than last year, and the inventory is also less than last year.

 

The overall market of Sichuan Santai Maidong is stable with a rise, there are foreign merchants to purchase goods, local traders also began to gradually on hand, the transaction price than the previous days up 2 yuan. The current medium quality goods deal price in 67-68 yuan, good quality goods deal price in 70-73 yuan, origin two goods deal price in 63 yuan or so, three or four millet deal price in 57-58 yuan.

 

The market is now selling at 115-120 yuan/kg for green boiled goods, 100-110 yuan/kg for raw sun goods, and 95-100 yuan/kg for yellow goods.

 

The price is now 115-117 yuan for all-inspection goods, but the price is high and merchants do not dare to rush into the goods, the transaction is mainly in small quantities. The company's main business is to provide a wide range of products and services to the market.

 

The market for angelica: the amount of goods coming in is not much, the recent movement is good, the market is firm to good, now boxed individual prices between 53-55 yuan, the whole of the return of the piece of 65-66 yuan, the merchants are more concerned about changes in all aspects of the situation.

 

Minxian Angelica market traffic is basically stable, no foreign merchants want goods, local business and processing households on demand to buy Angelica pharmacy, small in the source, the purchase is not strong. The overall transaction is slow, the transaction price is weak. Angelica pharmacy goods transaction price in 35-36.5 yuan / kg, Angelica small transaction price in 37-38.5 yuan / kg, Angelica medium transaction price in 39-41 yuan / kg; Angelica large (strip good) transaction price in 42-45 yuan / kg.

 

Honeysuckle: Honeysuckle market supply is stable, the recent demand is not worth the peak season, the source of goods moving in general, the market is running flat, now the Hebei honeysuckle price of unified goods in about 140 yuan / kg.

 

Due to the stimulation of the epidemic in recent years, the good market has stimulated the enthusiasm of planters to plant high, the production area has further expanded, and the total amount of honeysuckle is larger. At present, there are only 2 months to go before honeysuckle is ready to be produced, and the retailer's willingness to ship is strong. The price of the flower has fallen by nearly 3 yuan compared to the previous year, and the price of the green flower has fallen by nearly 10 yuan. The first grade goods are around $135, the first grade goods are around $125, the second grade goods are $115, and the third grade cast goods are around $100.

 

Chinese wolfberry: spring in March, the weather began to warm up, the temperature is gradually rising, but also means that the sales of Chinese wolfberry began to enter the off-season. Recall the performance of Chinese wolfberry since last year's new production, always lukewarm; even at the end of last year's sales season, market sales remained flat, the market also did not in the "bull market" under the action. All signs indicate that the market for wolfberry may start to go downhill.

 

Since the outbreak of the epidemic in early 2020, although our country for the epidemic control very quickly and effective control; but the foreign epidemic is still very serious, for the import and export trade impact is huge, resulting in a reduction in sales of wolfberry.

 

At the same time, Chinese wolfberry was affected by this recent wave of the market, the production of production areas to strengthen management, production volume to recover quickly; production areas also expanded planting area, so that the production of Chinese wolfberry increased year by year.

 

At present, Ningxia wolfberry 280 grain price in 58 yuan / kg, 380 grain price in 48 yuan / kg, Qinghai goods 280 grain price in 45 yuan / kg or so, 380 grain price in 43 yuan / kg or so. Recently, the market for Chinese wolfberry business operators willing to ship strong, the market inventory is still huge; the market began to decline slightly, Chinese wolfberry market began to go "downhill".

 

The market for Panax ginseng in Wenshan City, Yunnan Province, has a large number of sources listed, and more merchants are coming to buy goods, the market is running steadily, now the price of 70-headed dry goods is around 109 yuan, 80-headed 105 yuan, three-year shear goods 170-175 yuan, winter ginseng uniform 104-105 yuan.

 

Yunnan Denggao Panax not washed market traffic is low, not many purchasing and circulation merchants, companies and pharmaceutical enterprises. The market was less active and the transaction rate was around 4-5%.

 

The transaction price of cuttings and unified goods was slightly lower, and most of the cuttings traded this week were priced at RMB174-176/kg, while the highest price traded last week was RMB180-182/kg, but this week the cuttings were sold for less than RMB180/kg.

 

The transaction price of the uniform goods was relatively stable, with the transaction price of the average dryness of the uniform goods at RMB106-110/kg and the transaction price of the better dryness of the uniform goods at RMB112-118/kg.

 

The fresh Panax pseudoginseng market in Denggao was less crowded and not many growers were trading in the fresh pseudoginseng market, so the overall trading situation was not good, with a transaction rate of about 3-4%.

 

The transaction price of second-year fresh panax pseudoginseng was stable at around RMB7-10/kg, while the transaction price of winter pseudoginseng was not satisfactory, with most of the growers who dug winter pseudoginseng only being able to sell it for RMB11-13/kg. Three-year-old fresh panax pseudoginseng was sold at RMB13-15/catty.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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