SunSirs--China Commodity Data Group

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SunSirs: The Price of Angelica may Rise Slightly in the Short Term

April 12 2023 11:33:20     

On April 10, SunSirs benchmark price of angelica was 76.00 RMB/kg, an increase of 4.97% compared with the beginning of this month (72.40 RMB/kg).

With the arrival of spring, the seedlings are on the market. Affected by factors such as drought and high temperature last year, the number of angelica seedlings on the market has decreased significantly compared with last year, and the price is high. The transaction price of angelica seedlings is 1000-1300 RMB / bag, and buyers are more cautious in ordering goods , It is expected that the planting area of angelica may be greatly reduced this year. Merchants are optimistic about the market outlook of angelica. A large number of buyers purchase and stockpile goods, driving the transaction in the production area to be hot, and the price of dealers is relatively high.

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

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