MySheen

The price of garlic in Shandong Binzhou market is rising. "garlic is ruthless" come again.

Published: 2024-11-05 Author: mysheen
Last Updated: 2024/11/05, On December 21, the reporter learned that since the end of November, after heavy snow in garlic producing areas, the price of garlic in cold storage continued to rise, reaching its highest level since 2012 over the weekend. Last weekend, the purchase price of mixed-grade garlic in Jinxiang reached 3.9 yuan per jin, 2.3 yuan higher than this year's inventory period.

On December 21, the reporter learned that since the end of November, after heavy snow in garlic producing areas, the price of garlic in cold storage continued to rise, reaching its highest level since 2012 over the weekend.

"the purchase price of mixed-grade garlic in Jinxiang last weekend climbed to 3.9 yuan / jin, 69.57% higher than the lowest price of 2.3 yuan / jin this year, and 105.26% higher than the price of 1.9 yuan / jin in the same period last year." Cui Xiaona, a consulting analyst at Zhuochuang, told reporters, "the retail price of eggs in the terminal market supermarket is about 4.0 yuan / jin, while the retail price of garlic in some large supermarkets is double that of it. 'garlic you ruthless' returns to the market."

According to reports, the main reason for the rise in garlic prices is that under the demand support city, local stockholders concentrate on selling and supporting the market, resulting in a reduction in supply and difficulties for buyers.

In addition, Cui Xiaona, a consulting analyst at Zhuochuang, predicts that in the short term, the garlic market may remain high, and the price adjustment of garlic in cold storage depends on the impact of supply and demand.

 
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