The unbalanced relation between supply and demand has driven the price upward. At present, 500 grams of chilli peppers go for a staggering price of 7 RMB. Qingdao dried chilli has a retail price of no less than 12 RMB.
At the end of January, a large amount of chilli peppers from India will be imported into China. This is bound to push the Chinese chilli price back down. Purchasing companies that invest in chilli peppers definitely have to stay rational. By no means should they rush in blindly to follow the trend, because this could severely jeopardise the gains.
Source of the information: www.meizhou.com
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