Market Trend: New crop garlic is steadily coming to market. Garlic supply in the warehouse is average.
Supply Dynamics: Buyers are cautious when buying new garlic. They pick out the ones with better dryness and follow up. The price is determined by quality.
Supply Volume: There are about 60 to 70 truckloads of garlic at Jinxiang Shanlu Market, mainly local space garlic. The supply of garlic in the warehouse is average, and the storage companies are quite persistent in asking prices.
Trading Focus: New garlic is mainly local space garlic
Market Sentiment: The stockists are not willing to sell at low prices, and the buyers are picking suitable low-priced sources for purchase. The transactions are going smoothly, and there is no significant fluctuation in prices.
Current Pricing:
- General Mixed grade old garlic 4.5-5.5cm in storage: 2.35-2.40 yuan/kg
- Mixed grade garlic 5.0-6.0cm in storage: 2.55-2.75 yuan/kg
- Garlic qranules 4-6cm: 2.05-2.25 yuan/kg