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Interview Zhuochuang Information analyst on garlic

Published: 2024-09-19 Author: mysheen
Last Updated: 2024/09/19, Interview Zhuochuang Information analyst on garlic

China Securities Network interviewed Zhuochuang Information analyst on the issue of garlic. Some of the interviews are as follows:

"the increase in garlic supply this year is the main culprit for the recent sharp drop in garlic prices." Cui Xiaona, an analyst at Zhuochuang Information, said that the domestic garlic production was seriously reduced last year, and the prices for farmers selling garlic were relatively high. therefore, during the sowing season last autumn, farmers carried out a large number of seed expansion, coupled with favorable weather after planting, which made the new production this year. The unit output of most of the producing areas in China has increased. When the area and unit output increased at the same time, the total output of garlic increased by 34.6% compared with last year, resulting in a decline in garlic market prices this year.

Is "garlic ruthless" really gone forever?

"in the future, the factors that dominate the change in garlic prices mainly include supply and demand, capital popularity and other factors, as well as weather factors, macro policies and so on." Cui Xiaona said.

 
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