Price Information of Jinxiang Garlic on Jan.12th 2024
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Price Information of Jinxiang Garlic on Jan.12th 2024

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Price Information of Jinxiang Garlic on Jan.12th

Jinxiang Garlic Market Morning Update

  • Market Condition: The atmosphere in the cold storage garlic market of Jinxiang is weak and sluggish.

  • Supply Situation: The supply of garlic remains ample, with both new and old garlic sellers maintaining a high level of eagerness to ship their products. Selling pressure continues to be substantial.

  • Market Demand: There is a softness in demand with essential buyers generally selective and pressing prices. A portion of buyers is adopting a wait-and-see approach leading to few confirmed transactions.

  • Selling Flexibility: Sellers of average to lower quality stock have some room to maneuver in sales, with garlic prices showing a stable yet slightly weak trend.

  • Pricing (yuan/kg):

    • Mixed grade old garlic in storage: 5.50 - 6.70 yuan/kg

    • General mixed grade garlic in storage: 7.10 - 7.40 yuan/kg

    • Garlic granules: 5.70 - 6.10 yuan/kg

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