What is the current price of garlic? is it appropriate to collect garlic into storage?

Abstract: is it the right time to buy garlic for storage?

From the current garlic price is gradually rising in recent days, has reached 1.19 yuan per jin. Judging from the trend in the past two months, the overall price is also an upward trend, it should be said that the garlic market has preliminary signs of coming out of the trough. However, Science Xingnong believes that the price of garlic in the coming year is still hardly optimistic. Because the supply of garlic in the market still exceeds demand, the pattern remains the same, and the price is difficult to rise.

One of the main reasons for the recent rebound in garlic prices is that at the end of garlic storage, many garlic acquisition traders are scrambling for the last cart of garlic. However, at present, the garlic in the hands of garlic farmers has basically disappeared, which also increases the difficulty of purchasing the remaining garlic in the market. As a result, the price of garlic has gradually warmed up.

Secondly, some garlic remaining in the hands of garlic farmers are forced to be sold in the market due to the lack of batch buyers, and the relative lack of garlic in the market increases the market demand for garlic. At the same time, garlic merchants have just entered the warehouse and are unwilling to leave the warehouse now, resulting in a trend that the price of garlic in the market is gradually rising.

However, due to the improvement of garlic storage technology, the current cold storage garlic can be maintained until next year, which can play a stable role for the market garlic. This year's market for garlic is a serious oversupply, therefore, it is still difficult to reverse the supply and demand pattern of garlic in the future market supply, so it is difficult to be optimistic about the future price of garlic.

For example, the price of garlic gradually declined in August 2017, when the pattern of oversupply in the garlic market has initially emerged, and this pattern of oversupply has not been reversed, even when fresh garlic is on the market in May this year. Even last year's old garlic has not been sold out.

This year, as the supply of garlic is larger than last year, the pattern of oversupply will be more serious than last year. Judging from the garlic cycle in recent years, there is only one cycle every three to four years. It is believed that the price will rise again next year, but it does not mean that the garlic pattern has completely changed.

For garlic buyers, the weather is getting colder and colder at present, and a lot of garlic has sprouted and its quality has declined due to improper storage. Therefore, Science Xingnong here also suggests that if the quality of garlic purchased at present is not good, it may not be cost-effective to put it into storage, so you can choose to sell it directly in the market. Of course, it is not impossible to enter the warehouse, just that it may not be very cost-effective.

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