Price of Chinese garlic shoots exceeds expectations

Garlic shoots have been on the market for a while now, and the price has been strong. The retail price is around 2.5 yuan [0.37 USD] per 0.5 kg. More than a few traders have stated that this year's price of garlic shoots exceeded their expectations. This is the best price in 5 or 6 years. The price was around 3.5 yuan [0.52 USD] when the garlic shoots first entered the market in March because the supply volume was small. The price usually falls as the supply volume grows. The purchase price usually falls to 1 yuan [0.15 USD] per 0.5 kg around this time of year and falls even further later in the season. This year was different. The garlic shoots entered the market more than a month ago and the price is still strong.

The supply volume is slightly smaller this year than it was last year. Garlic production areas also do not wish to sell too many garlic shoots, which keeps the price strong. The main supply of garlic shoots comes from Jinxiang and Yutai in Jining and Shanghe in Jinan. Garlic shoot supply has entered the final stage of this production season.

Source: wfcmw.cn


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