After new production of Ophiopogon in 2019, both the producers and the market operators are scrambling to grab the supply first. And the support price has not fallen sharply. The price of unified goods has stabilized at about 62 RMB. With the end of the new production, the price of the actual supply has declined steadily after the actual digestion of the supply. At present, the market price of the unified product has dropped to about 41 RMB.

Price Trend

In 2017, the output of Ophiopogon winter started to rise due to the sharp decline in production, and the purchase price of fresh goods reached 17-26 RMB / kg. Zhongtong goods rose to more than 60. At the end of 2017, the origin price was 80-82 RMB for pharmaceutical products, 82-84 RMB for Zhongtong goods, and 84-87 RMB for Shangtong goods.

Because of the good price of fresh goods in 2017, farmers' enthusiasm for planting has been aroused, planting area has increased, and prices have fallen. In March 2018, the transaction price of the general cargo was 52-65 RMB, the drug general cargo was 52-54 RMB, the middle general cargo was 54-56 RMB, the middle-upper general cargo was 56-59 RMB per kilogram, and the high-end general cargo was 59-65 RMB.

In 2018, the planting was expanded on the basis of 2017, but a severe flood occurred in July. According to statistics, it has an area of ​​more than 3,000 acres. By the end of the year, the inventory was gradually consumed, and the popularity gathered, and the price of Ophiopogon rose again. The price of secondary products of the pharmaceutical factory was 71-73 RMB, and the original price of the pharmaceutical factory was 73-76 RMB. The price is 78 RMB, the price of Zhongtong is 78-81 RMB, the price of medium-to-high-end products is 81-83 RMB, and the price of high-quality uniform products is 83-86 RMB.

In 2019, the total production of Ophiopogon in Sichuan production areas remained around 9,000 tons. In addition to Hubei and Shandong output, the total output of Ophiopogon in 2019 is about 12,000 tons, plus the remaining 1,500 tons of inventory, which is still oversupply.

Due to the new price increase of Ophiopogon angustifolia in 2019, the medicinal farmers have achieved good returns, the enthusiasm for planting has continued. And a lot of new planting has been expanded. In other words, in 2020, under the conditions of good weather, the total output of Ophiopogon will be greater than 2019 year. Accumulating this bad news, the confidence of those who have goods is shaken, and the price is reduced to sell more, causing the price to fall step by step.

Policy impact: in recent years, the abuse of Paclobutrazol by Santai Ophiopogon has aroused the attention of the entire industry. In 2018, the Santai Government and the Tancheng Ophiopogon Association attached great importance to it. Proposal on Prohibiting the Use of Plant Growth Regulators such as PP333 in "Wucheng Ophiopogon" and "Notice of the People's Government of Santai County on Prohibiting the Use of Plant Growth Regulators such as Paclobutrazol in the Planting of Ophiopogon Winter".

Market Forecasting:

According to the analysis of the actual planting area of ​​Ophiopogon angustifolia, the price of Ophiopogon angustifolia will decline after 2020, but the stocks of Ophiopogon are almost exhausted before the new crop.

Ophiopogon is a staple variety, with an annual demand of 10,000 tons and many participating households.

There is hundreds of traders in Sichuan alone, plus hundreds of operators in the market. Once the low price of wheat winter production appears in 2020, nearly a thousand people participate in the purchase. The analysis of the SunSirs believes that it is difficult to calm the wheat winter market.

Perhaps, in 2020, price of Ophiopogon will open lower and go higher.

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