JUN 25  2020 stock – China Garlic Price 2020

JUN 25  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

“As far as the stock of old garlic is concerned, at this stage, there is still a lot of inventory. Due to the low price of new garlic, the market for old garlic has been impacted, and sales have dropped sharply. If the storage companies ship now, they will face huge losses, so most of them is waiting for the time to ship.” “Over the past month, China Garlic Prices have fallen rapidly, and they are currently in a period of bottoming out. I think garlic prices will continue to rise in June, this is mainly because the price is cheap, garlic is highly competitive in the international market, and the export volume will increase significantly. Although the development of special circumstances increased the export risk of garlic, especially the voyage of cargo ships decreased a lot, the positions were tight, and logistics was blocked to a certain extent. “