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SunSirs: Drought in Gansu Stimulated a Crazy Increase in Codonopsis Pilosula, Rising by 12.20% Compared to Last Week

August 25 2021 08:28:37     SunSirs (Linda)

1. Price trend

The price of Codonopsis continued to rise this week. The current price of Codonopsis pilosula is between 45-50 yuan/kg, a 12.20% increase compared with last week.

Codonopsis has become very popular recently, and the purchasing boom in the production area has been almost crazy. From the pharmaceutical factory to the production area, the slices are all snapped up, and the market is even more expensive every day!

Bozhou market: Codonopsis pilosula, due to the recent hot market in the origin, the market price continues to rise. At present, the asking price for the bulk goods in the Bozhou market ranges from 55-60 yuan, and the quotation for small-sized goods is around 46 yuan. The market outlook continues to change.

Anguo Market: Codonopsis, the recent smooth supply of goods in the production area, the market continues to rise, the market price changes with the production area, the current market price of small goods is 48 yuan, the price of middle goods is 55 yuan, there are still many merchants concerned, and the market will continue Full of variables.

Yulin Market: Codonopsis pilosula, affected by the rising price of the origin, the market has also continued to rise. The current price of small strips is around 50 yuan, and the price of Zhongtiao is 60 yuan. The short-term rise is too fast, and merchants are more cautious in buying and selling.

Weiyuan, Gansu: About 350 tons of Codonopsis in the Weiyuan market, the market has a large flow of people, and the transaction volume is relatively small, accounting for about 30 to 40% of the transaction volume. Today's transaction price The transaction price of Codonopsis pilosula medicine factory is about 38-43 yuan/kg, pure small strips are about 42-45 yuan/kg, small and medium-sized goods transaction prices are about 45-50 yuan/kg, and the transaction price of middle strips is about 45-50 yuan/kg. At 48-52 yuan/kg, the transaction price of large and medium bars is around 50-56 yuan/kg; the transaction price of large bars is around 58-69 yuan/kg; the transaction price of extra-large bars is around 70-80 yuan/kg.

2. Analysis of influencing factors

Gansu was hit by drought

"Drought" has always been the "leader" of the outbreak of Codonopsis ginseng. As long as there is a drought, the popularity of Codonopsis will quickly ignite. The prerequisite for each major market situation is basically inseparable from drought. Only the uncertain natural factors such as drought are more likely to cause changes in the market for Codonopsis. After all, no one can predict the drastic reduction in production caused by drought.

The low prices in 2014 severely dampened the enthusiasm of Codonopsis growers. The planting area dropped sharply. In addition to the severe drought in 2015, the output of Codonopsis fell in 2015. The market stopped falling and stabilized, with a tendency to rise.

In 2016, due to the continued reduction of seedlings last year and the drought, the emergence rate of Codonopsis pilosula was not high, the new output fell, the inventory was effectively digested, and the market rose.

In 2016, codonopsis pilosula was again driven by the positive news of the drought. The high price of codonopsis pilosula continued, which made the enthusiasm of medicinal farmers to raise seedlings higher in 2017. In 2018, the enthusiasm of medicinal farmers for planting was not diminished, and the new price of production continued to decline.

At present, some Codonopsis pilosula producing areas in Dingxi City, Gansu Province are affected by drought, and their growth is poor, and there are dead seedlings and lack of seedlings. The news of the drought in Gansu was also the "fuse" for the explosive rise in the market for party ginseng. Just a few days after the occurrence of the "Drought Codonopsis saplings" in the Gansu production area, the Codonopsis market was frantically rushing for goods. The difference is that this time the looting was mainly made by locals in Gansu. The more they robbed, the more reluctant they were to sell them. The locals in Gansu were squeezing goods because they saw high profits and did not sell goods easily, which prompted the market to explode. Strong sex and high popularity!

Codonopsis pilosula prices were low before rising

In 2019, the market for codonopsis pilosula fell to the lowest point of the previous cycle, and then capital intervened in the speculation, which quickly pulled the market up; but the maintenance time was extremely short and many people were trapped.

Then, in 2020, the epidemic broke out. Codonopsis pilosula lost the capital boost and sales plummeted. The market continued to fall until it fell into the "low price" in people's minds again.

The second round of speculation began at the end of 2020. Codonopsis pilosula production started by scattered people outside the production area, but the market response was not high; until early 2021, people all over the country began to concentrate on speculation, and the market was once again. Pulled up, some people began to taste the sweetness, paving the way for later popularity.

Codonopsis pilosula​ has a huge inventory

Codonopsis pilosula is mainly grown in Dingxi City and Longnan City, Gansu Province. Dingxi City's Codonopsis is mainly distributed in Weiyuan County, Lintao County, Longxi County, Min County and Zhang County; Longnan City is mainly distributed in the area of ​​Dangchang and Wen County.

In recent years, Tianshui, Zhangye and other places in Gansu have also taken the express train to plant Codonopsis. Codonopsis in Gansu-producing areas has increased steadily, and the number of ginseng seedlings on the market has increased, indicating that the enthusiasm of pharmaceutical farmers is still high.

Codonopsis pilosula has a growth cycle of 2-3 years, basically one year of seedling cultivation and one year of transplanting. If the price is too low and the medicinal farmers are unwilling to dig, they can grow for 3-4 years and then dig. The harvest season is October-November. Generally, the quality of codonopsis pilosula for 3 years is better than that for codonopsis pilosula for 2 years.

In 2016, codonopsis pilosula was driven by the positive news of the drought, and the high price of codonopsis pilosula continued, which made the enthusiasm of medicinal farmers to raise seedlings higher in 2017. In 2018, the enthusiasm of medicinal farmers for planting remained undiminished, and new prices for production continued to decline.

The production area of ​​Codonopsis in 2020 is still not small, and the weather is smooth. It is a year of high yield and good harvest. According to statistics, the output of Codonopsis in 2020 will be 50,164 tons.

3. Market outloo

Generally speaking, spurred by the drought in some producing areas in Gansu, the price of codonopsis has skyrocketed, and behind this market is more human madness. It is still difficult to accurately determine whether the market is really affected by the disaster and out of stock. The market for Codonopsis may continue to be hot in the short term.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

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