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Garlic prices in China rising steadily

After fluctuations on September 19 and 20, the rising trend of garlic prices was established in early October, showing staged increases. The continued increases have brought traders optimism and confidence in the market and improved their willingness to participate. The recent increases in garlic prices are mainly due to tight supply in the market and a large rigid demand.

To ride with this year's garlic market, players must follow the pricing trend closely. Although there is still a certain distance between the trading price and the production expenses, garlic prices are approaching the cost. Do stockpilers just wish to reach the line of cost price or go beyond it? It is good news that garlic prices are rising steadily, but if players are too eager and act too hastily, local and foreign consumer markets won’t adjust well.

Source: 51garlic.com


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