Price Information of Jinxiang Garlic on Jan.2nd 2024
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Price Information of Jinxiang Garlic on Jan.2nd 2024

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Price Information of Jinxiang Garlic on Jan.2nd

Jinxiang Cold Storage Garlic Market Morning Report

Market Atmosphere:

  • Continuation of the lackluster situation.

Supply Side:

  • Surplus of goods maintained.

  • Sellers are wavering in confidence; some insist on their asking prices while others sell along with the market.

Demand Side:

  • Post-holiday rigid demand remains average.

  • Speculators and traders show limited enthusiasm.

  • Buyers are primarily targeting lower-priced supplies.

Market Transactions:

  • Overall dull purchasing and selling environment.

Pricing:

  • Prices are showing a stable yet weak trend.

Current Price Range:

  • Aged Garlic (Mixed Grades): 2.95-3.48 yuan/jin (~5.90-6.96 yuan/kg)

  • Regular Mixed Grades: 3.72-3.83 yuan/jin (~7.44-7.66 yuan/kg)

  • Granulated Garlic Material: 3.00-3.18 yuan/jin (~6.00-6.36 yuan/kg)


Note: Prices are reflected per kilogram to match the request for unit conversion.


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