Price Information of Jinxiang Garlic on Jan.18th

Jinxiang Garlic Market Morning Update

• Market Status: The garlic market in Jinxiang's cold storage is temporarily stable.

• Supply Dynamics: The urgency to sell at the supply end has decreased, but the overall volume remains in a state of surplus.

• Pricing Landscape: Ultra-low-priced supplies are sporadic, with most storage merchants firm on their asking prices.

• Buyer Activity: There is a slight increase in buyers making inquiries in the morning, especially those interested in packaging and peeling. However, buyers with immediate needs are mostly price-sensitive and selective in their follow-ups.

• Trading Atmosphere: The overall market trading atmosphere is moderate, with mainstream prices largely stable.

• Pricing (yuan/kg):

• Mixed grade old garlic in storage: 5.36 - 6.50 yuan/kg

• General mixed grade garlic in storage: 7.00 - 7.24 yuan/kg

• Garlic granules: 5.60 - 6.00 yuan/kg