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SunSirs: The Market Situation of Angelica was Poor and the Trading was Bleak Last Week
November 11 2022 09:33:14SunSirs(Selena)

On November 6, the index of traditional Chinese medicine was 1,486, unchanged from the previous day, 1.65% lower than the highest point of 1,511 (2022-10-20) in the cycle, and 52.41% higher than the lowest point of 975 on November 25, 2019. (Note: the cycle refers to the period from June 30, 2019 to now)

According to the price monitoring of SunSirs, in the 44th week of 2022 (10.31-11.4), there was a total of 1 rising commodity, 3 falling commodity and 4 zero rising and falling commodities in the list of prices of traditional Chinese medicine. The main commodities that rose were: Chinese wolfberry (0.58%); The main commodities that fell were Sanchi (-1.24%), Forsythia suspensa (-1.04%) and Ophiopogon japonicus (-0.42%). The average rise and fall last week was -0.27%.

The production of new products continues. Recently, the source of goods in the production area has kept moving smoothly. The market of Angelica tends to be stable. Most of the market merchants still take a wait-and-see attitude. Due to the lack of dryness of new products at present, the products sold are still old. The bulk drug factory products cost 56 RMB/kg, and the whole tablet products cost 68 RMB/kg.

The market flow in Minxian County has rebounded, with local business households and processing households asking for goods along with them, and they are highly motivated to purchase small and medium pieces of Angelica; The supply of large and medium-sized goods is average. The overall purchase and sales were stable, and the transaction price was basically stable. The transaction price of Angelica Pharmaceutical Factory is 48-51 RMB/kg; The transaction price of Angelica bars is 52-53 RMB/kg; The transaction price of Angelica medium strips is 54-56 RMB/kg; The transaction price of angelica big stick (good stick) is 57-60 RMB/kg.

The market flow of fresh Angelica has rebounded, and the number of onlookers discussing prices has increased slightly, mainly by local business households. The overall delivery of goods was slow, and the transaction price was slightly weak. The price ranges from 7.5-8.5 RMB/kg, depending on the quality and size of the goods.

At present, the area of Angelica collected in Yunnan production area is still small. The fresh Angelica transplanted this year is 16 RMB/kg. The live broadcast of Angelica last year was a little big, and the price was 18 RMB/kg. Most of the Angelica that has not been collected has been ordered by buyers, and the price is difficult to fluctuate greatly.

 

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

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