Price Information of Jinxiang Garlic on Jan.15th 2024
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Price Information of Jinxiang Garlic on Jan.15th 2024

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Price Information of Jinxiang Garlic on Jan.15th

Jinxiang Garlic Market Morning Update

  • Market Status: The cold storage garlic market in Jinxiang is currently stable.

  • Supply Dynamics: There is an oversupply on the selling side, although low-priced supplies in the production area are not abundant.

  • Seller's Stance: Sellers are firm on their bottom line prices when releasing their stock.

  • Market Transactions: Trading is centered around immediate needs, with a slight increase in buyers inquiring and asking for prices in the morning. However, the follow-up from buyers mainly targets low-priced supplies.

  • Trading Sentiment: The garlic market is experiencing a deadlock with sluggish transactions, and the mainstream prices of stored garlic remain unchanged.

  • Pricing (yuan/kg):

    • Mixed grade old garlic in storage: 5.40 - 6.60 yuan/kg

    • General mixed grade garlic in storage: 7.06 - 7.30 yuan/kg

    • Garlic granules: 5.70 - 6.06 yuan/kg


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