2019 garlic market price trend

After the cycle of rising garlic prices in the past two years, the garlic market this year can be said to be not very good, and the downward trend of garlic prices is very obvious. It is reported that the purchase price of garlic even appeared as low as 0.3-0.5 yuan in the first half of this year, and many farmers basically sold at a loss. So what will happen to the garlic market next? Will it go up?

I. the market trend of garlic

Recent garlic market transactions mainly focus on braised garlic rice and mixed-grade sources. Prices in Jinxiang, Qixian, Zhongmou and Pizhou, the main producing areas of garlic, do not fluctuate much. At this stage, the supply of goods in the warehouse still meets the current demand. Among them, small tonnage of new garlic and old garlic have a certain intention to sell, but the demand is very limited, some urgent sellers have begun to sell independently. The trading volume has increased, but the transaction price shows a certain weakness.

The following are the mainstream prices of market transactions:

Out of the library:

Garlic rice: 2.30-2.40 yuan / jin.

General mixed grade: 2.40-2.50 yuan / jin.

Medium mixed class: 2.55-2.65 yuan / jin.

Mixed class: 2.70-3.10 yuan / jin.

Primary six: 3.10-3.30 yuan per jin.

Garlic core: 1.20-1.38 yuan / jin.

In the library:

General mixed grade: 2.95-3.05 yuan / jin.

Mixed class: 3.15-3.35 yuan / jin.

4.5 grade garlic: 2.95-3.05 yuan / jin.

5.0 grade garlic: 3.10-3.30 yuan / jin.

5.5 grade garlic: 3.40-3.50 yuan / jin.

6.0 grade garlic: 3.70-3.90 yuan / jin.

Old garlic: 1.70-2.00 yuan / jin.

Second, the market forecast of garlic

Due to the lack of market information, many farmers can only use the price for a period of time as a reference when planting garlic, which has a great lag. The overall trend of garlic price preference in previous years, many farmers have expanded the planting area of garlic, resulting in a rapid increase in garlic inventory in recent years, and even a historical high. In addition, the export volume showed a month-on-month decline compared with the same period last year, and the market is very weak.

In the current form, it is difficult for garlic prices to rise, but can only fall further until the market begins to pick up and garlic sales in stocks bottomed out. With the reduction of garlic prices, many farmers will reduce the planting of garlic, with the reduction of supply, garlic prices should have an upward trend in the year after next.