JUN 23  2020 stock – China Garlic Price 2020

JUN 23  2020 stock
product name grade/usage price(yuan/Jin) note
garlic material for peel garlic normal white garlic garlic material for peel garlic 0.75-0.90 Jinxiang,China
mixed garlic 5-6cm normal white garlic mixed garlic 5-6cm 1.00-1.10 Jinxiang,China

After July, how the garlic market will change depends mainly on the follow-up efforts of storage companies. “Overall, the planting area of garlic in 2020 will increase by about 18.2% over the previous year.” In terms of quality, this year’s garlic is significantly larger than the average of previous years. Nearly 40% of product specifications are above 6.0#. At present, there are still some old garlic in the market. Garlic vendors have different opinions on the stock of old garlic. Some people think that there are 700,000-800,000 tons, others think that there are 300,000-400,000 tons. I think the stock of old garlic is about 500,000 to 600,000 tons. Christian said. “Brazil’s garlic is also on the market at the same time as China’s new garlic. I don’t think the Brazilian garlic’s listing will have a great impact on domestic garlic exports. No matter in terms of planting area or output, it is not comparable to other countries, and exports account for 70%-80% of the world’s total exports. Therefore, the international garlic market is mainly determined by the trend of China’s garlic market. In particular, the price of garlic in China is lower than other countries, so it has more advantages in trade. “