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The price of garlic in some Chinese producing areas falling involves dehydrated garlic export
- Jul 18, 2018 -

July 17, 2018 Source: China News Network

Reporters learned from China's Ministry of Agriculture and Rural Affairs on the 17th that the price of garlic in China has dropped sharply in the past half year, and the price of garlic in some production areas once fell below the lowest level in a decade. which also have a effect on dehydrated garlic export, including dehydrated garlic flakes, dehydrated granules and dehydrated powder.

At a regular news conference held on the same day by the Ministry of Agriculture and Rural Affairs, Keke, director of the Department of Market and Economic Information of the Ministry of Agriculture and Rural Affairs of China, said that the average price of garlic in the first half of the year was 55.5 % lower than that in the previous year, and the average price fell by more than 20 % in the same period in the last 10 years. The price of garlic in some production areas once fell below the lowest level in a decade.

Keke pointed out that the downward trend of garlic prices started last year. Since the new garlic season began in May 2017, the market price has dropped rapidly, and then the sales price of garlic in cold storage has continued to run at a low level. Prices of fresh garlic and early-maturing garlic have continued to drop since they went public in 2018. In June, the average wholesale price of garlic nationwide was 4.23 yuan per kilogram, down 9.2 % month on month and 36.9 % year on year.

" The main reason for the low price of garlic is that supply exceeds demand. " Keke said that due to the impact of the 2016 garlic bull market, China's garlic planting area continued to grow by 20.8 % and 8.0 % in 2017 and 2018, respectively, with garlic planting area reaching a record high, especially in some small areas around major production areas. This spring, the overall temperature in the main garlic producing areas was relatively high, the light was normal, the moisture content was appropriate, and the yield per unit area remained relatively high. In addition, the stock of garlic in 2017 is relatively high, the annual storage of garlic in Shandong's cold storage in 2017 has greatly increased, and there is still a lot of stock left after the new garlic is listed this year and the market supply is ample. The export of dehydrated garlic including dehydrated garlic flakes, dehydrated garlic granules and dehydrated galric powder need to make effort to get a better performance.

Looking into the future, Keke said that considering the output and inventory of garlic this year, the downward pressure on garlic prices in the next few months is still great. The Ministry of Agriculture and Rural Areas will strengthen the monitoring, warning and release of production, marketing and price information, and reasonably arrange the production plan for this autumn's new garlic season.

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