The price of sea cucumber bottomed out and rebounded sharply. Aquaculture has entered a business cycle.

Last week, the average price of sea cucumber in Weihai aquatic products market in Shandong Province was 120 yuan per kilogram, up 9% month-on-month and rebounding 20% since May. Industry insiders analysis, due to recent 3 years of high-end consumption restrictions and high inventory, sea cucumber prices have fallen sharply, recently has fallen back to a low five years ago. At present, sea cucumber prices began to bottom out and enter a new rising cycle.

The historical price chart of sea cucumber shows that since 2004, sea cucumber has passed two complete cycles. From the trough in 2004 to the lowest price in May 2009, the first cycle was formed. From May 2009 to April 2014, a perfectly symmetrical up-and-down cycle was completed. After hitting a minimum price of 104 yuan per kilogram in May 2009, the price of sea cucumber climbed all the way to a record high of 220 yuan per kilogram in November 2011, more than doubling. Subsequently, due to the maturity of sea cucumber breeding technology,"North ginseng south breeding" and "East ginseng west breeding" promoted the rapid and substantial growth of sea cucumber production. At the same time, affected by the restriction of "three public consumption", the demand for sea cucumber has dropped sharply. After two and a half years of continuous decline, the price of sea cucumber hit a new low of 100 yuan/kg in April this year, returning to the original point, running for 5 years to form a complete price operation cycle.

China Cuisine Association recently said that the national catering industry grew steadily in the first half of the year, household consumption completely offset the impact of high-end consumption, sea cucumber demand has bottomed out. At the same time, after two years of destocking and the reduction of sea cucumber production in 2013, the supply end contracted sharply, and the supply-demand relationship of the industry improved significantly.

Sea cucumber prices have obvious seasonal characteristics. The lowest point of the year generally appears in March-April, that is, the bottom of the stage has been proved. Seasonal and large cycle upward starting point of the dual drive, sea cucumber prices bottomed out, aquaculture is expected to enter the upward channel.

Domestic enterprises are mainly based on cofferdam bottom seeding culture, which is less affected by typhoon high temperature. In recent years, the price of sea cucumber has fallen, while the sales volume of sea cucumber has maintained growth, realizing "price for quantity". As the price of sea cucumber rises, the leading company of sea cucumber breeding is expected to return to the rapid growth track.