Fresh garlic from Jinxiang has recently entered the market and the trade volume is not that big. The garlic is mainly sold in domestic markets. The amount of roasted garlic is smaller than last year, and export traders mainly purchase stored garlic. Data from the Jinxiang Garlic International Trade Market shows that garlic trade has become more active since the end of May.
The main reasons for the low prices are as follows: first, the estimated production volume of fresh garlic is large. Data shows that the surface area devoted to garlic production in China exceeded 467 thousand hectares this year, which is an increase of 10% in comparison with last year. Second, market reserves are relatively large, and the international market is limited. Surveys show that there is roughly 600 thousand tons of unsold garlic left in storage. This certainly influences the price of fresh garlic. At the same time, Egypt and Spain have changed from garlic importing countries to garlic exporting countries. This has greatly influenced Jinxiang garlic sales.
Source: thepaper.cn