Related Searches: Tea Vitamin Nutrients Ingredients paper cup packing

Food & Health Ingredients
Health & Nutrition
Processing & Packaging
Starch & Starch Derivatives

China: Garlic prices continue to fall

foodmate 2018-08-08
Share       
Tag: Garlic China

The once-popular garlic has fallen on hard times. In some areas the falling price has reached the lowest point in a decade. The wholesale price of garlic in the first half of this year dropped by 55.5% in comparison with the same period last year. The current price is more than 20% below the average price of garlic in the last 10 years.

 

Tang Ke, head of the Market and Economy Information Office in the Department of Agriculture said, in response to this situation, that the main reason for the low price of garlic is excessive supply. First, the surface area devoted to garlic production has reached a record high. Smaller production areas near large production areas in particular are developing fast. This rapid expansion is in response to the high garlic price in 2016. The total surface are devoted to garlic production increased by 20.8% and 8.0% in 2017 and 2018 respectively. Second, the harvest per hectare has increased and the garlic volume placed in storage in 2017 is relatively high. This has caused a situation wher supply is more than sufficient.

 

Tang Ke further stated that the situation will remain uncertain in the second half of this year as supply and demand will develop, the government will adjust policy, and both domestic and foreign markets will cooperate. The most uncertain periods will be during summer and autumn festivals when Chinese agricultural products experience peak season. The pressure of market supply will certainly increase in these times.

--------------------------------------------------------------------------------------------------------------------------------------------

Editors Note:

To apply for becoming a contributor of EN-SJGLE.com,

welcome to send your CV and sample works to us,

Email: Julia.Zhang@ubmsinoexpo.com.

 

E-newsletter

Subscribe to our e-newsletter for the latest food ingredients news and trends.

Tags

Recommended Products

DDYM520A Pad Printing Machine

DDYM520A Pad Printing Machine

14 Heads Salad Multihead Weigher

14 Heads Salad Multihead Weigher

Top

SJGLE B2B Website : 中文版 | ChineseCustomer Service: 86-400 610 1188-3 ( Mon-Fri 9: 00-18: 00 BJT)

About Us|Contact Us|Privacy Policy|Intellectual Property Statement

Copyright 2006-2023 Shanghai Sinoexpo Informa Markets International Exhibition Co Ltd (All Rights Reserved). ICP 05034851-121