Shandong's garlic prices soared 70% and the international market demand increased

With the increase in the demand for garlic in the international market, garlic prices in Jining County, Jining County, Shandong Province, the hometown of garlic in China, have steadily increased. In August, the price of garlic in the county rose to 2.2 yuan per kilogram, which was approximately 70% higher than in mid-July.

On the 8th, statistics from the Shandong Jining Inspection and Quarantine Bureau showed that the city’s garlic exports in June were 100,000 tons, a year-on-year increase of 122%. After July 10th, the price of garlic rose steadily, and orders from foreign merchants increased significantly. It is expected that the export volume of garlic in the latter period is expected to increase, and the price may rise.

The Department of Commerce of Shandong believes that not only the international market demand has increased, but also the sales of large and medium-sized cities in the domestic market have increased significantly. The preliminary estimate for this year's demand will increase by about 30%. In addition, before the middle of August is the best time for garlic storage, many storage companies to speed up the speed of entry, began a large number of acquisitions, the market temporarily shows the situation in short supply, resulting in a steady increase in garlic prices.

Since June this year, Shandong garlic has changed sharply last year, the trend of sharply higher prices of garlic, there is a rapid decline, the square to "garlic you yo" to "garlic you yo" joking. According to industry insiders in Jinxiang, a county producing garlic, this is a rational return of the garlic market.

Regarding the impact of garlic prices on garlic farmers this year, local officials in Jinxiang told reporters that it may cause some new garlic farmers in the surrounding areas to withdraw from or reduce the size of garlic. The local farmers are encouraging garlic farmers to grow organic garlic to improve the quality of garlic. Stretching the industrial chain, at the same time, intensifying the cultivation of the follow-up leading industries in agriculture to resist the risks that are easily brought by a single species.

Jinxiang County is a characteristic agricultural county in Jining City, with a garlic market share accounting for more than 90% of the city's total. Jinxiang County is regarded as the formation center of China's garlic price because it has a 600,000-acre garlic planting area and an annual sales of 2.6 million tons. The booth is known as "the world garlic to see China, China garlic to see Shandong, and Shandong garlic to see Jinxiang". In 2010, Jinxiang Garlic led the Chinese garlic market, once rushing the wholesale price to 14 yuan per kilogram high, so that garlic prices reached the highest point in history.