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SunSirs: The Market of Ophiopogon Japonicus is Stabilizing in China
June 08 2023 11:44:07SunSirs(Selena)

According to the monitoring of the commodity market analysis system of the SunSirs, the movement of Ophiopogon japonicus is normal digestion, and the market is tending to stabilize. Currently, the asking price for medium sized goods in Sichuan is around 140 RMB, and the quotation for pharmaceutical products ranges from 125 to 130 RMB.

The production of ophiopogon japonicus in Sichuan has come to a new end for some time, and the market in the place of origin is basically stable. The rigid demand of pharmaceutical enterprises is slightly prominent in the earlier period. The transaction price of medium quality unified goods is about 135 RMB, the transaction price of pharmaceutical factory feeding difference unified goods is about 128/130 RMB, the transaction price of good quality unified goods is about 140 RMB, the transaction price of secondary goods in the place of origin is about 130 RMB, and the transaction price of millet is between 117/120 RMB.

The new production of ophiopogon japonicus in Santai County, Mianyang, Sichuan Province has basically ended. Compared with previous years, the total production of ophiopogon japonicus is estimated to be about 7,500 tons this year. At present, the stock of ophiopogon japonicus in the production area is about 6,000 tons, which is 2,500-3,000 tons less than previous years.

Due to the high prices of Ophiopogon japonicus this year, the vast majority of farmers in the production area are selling as they dig. With the end of mining, the supply of goods in their hands is also basically exhausted. The inventory of goods in the production area is mostly in the hands of pressure vendors, leading to a slight tightening of the circulation of goods in the production area. The price is firm. Ophiopogon japonicus is currently entering the digestion off-season. Business analysis suggests that the market for Ophiopogon japonicus should run smoothly in the short term and do not have a significant fluctuation factor. From a long-term perspective, Ophiopogon japonicus should be, The digestion situation in the past two months is the key factor and requires high attention.

 

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