Price Information of Jinxiang Garlic on Dec. 20th

Jinxiang Garlic Market Morning Report

• Weather: Clear

• Market Update: No significant improvement in garlic stock prices.

• Supply Conditions:

• Abundant Supply: The market continues to offer a relaxed quantity of goods.

• Quality Distribution: A higher proportion of lower quality stock; average availability of high-quality goods.

• Pricing Strategy: Storage merchants are maintaining firm asking prices.

• Buyer Activity: Low buying enthusiasm, resulting in a less vibrant garlic market.

• Sales Dynamics:

• Garlic Granules: Better skin color and lower-priced miscellaneous grades are moving slowly.

• Target Market: South Asian market showing sluggish movement.

• Price Fluctuations: No notable changes in mainstream prices for stored garlic.

Revised Pricing Details:

• Older Stored Garlic (Mixed Grades): 5.90 - 7.00 yuan/kg

• General Mixed Grades (Stored): 7.56 - 7.76 yuan/kg

• Garlic Granules: 6.20 - 6.50 yuan/kg