According to the monitoring of jinxiang garlic professional wholesale market information center in shandong province, the average wholesale price of garlic decreased by 10.58 percent in August from the previous month, and the price of garlic decreased and the transaction volume fell sharply.
Garlic forecast:
1: the consumption of garlic has been reduced due to the inspection of the environmental protection department.
2. The school opened in September, and the consumption market and the rice processing quantity increased. Other garlic products also increased.
3: according to the survey by August 26, jinxiang and surrounding counties and cities warehousing capacity has reached 1.75 million tons, the receipt in more than 290, ten thousand tons, now stocks have exceeded the previous forecasts of garlic stocks.
There will be a small amount of garlic in the later stage.
In August, due to the continued decline of garlic prices, some of the stores began to store garlic, but the price was more rational.
5. The continued decline in garlic prices has led some garlic products to increase production, thus increasing the consumption of garlic.
In July 6: garlic export processing capacity is reduced, garlic exports of 185940 tons, exports of 189860 tons of garlic in the same period last year, exports of 03920 tons of garlic less than the same period last year, fell 2.06% year on year, garlic exports fell slightly.
7: in September, the temperature drops, garlic enters the germination stage, the quality drops, urges the small traders and garlic farmers to sell garlic actively.
8: in some towns, garlic is almost over, and some towns and villages have a lot of garlic, but the total amount is down from the same period last year.
9: because of the large amount of inventory of garlic this year, some of the store business on fresh garlic in the future market, started selling cold storage of fresh garlic, 5 cm garlic ex-warehouse price 2.6 yuan/kg, 5.5 cm garlic price is 2.70 yuan/kg, 2.70 6 cm garlic price - $2.90 / kg.
Preservation of fresh garlic is bound to affect the sale of garlic.
based on the above analysis, it is predicted that the price of garlic will increase smoothly in September.
(source: global fruit and vegetable network) [source: shandong jinxiang market: garlic price or will recover]
