Price Information of Jinxiang Garlic on May.7th

Market Trend: The market for stored garlic remains generally stable.

Supply Dynamics: The garlic market in the production area is still weak, the supply for sale remains relatively large, and the sellers’ asking prices are slightly loosened.

Supply Volume: The overall supply remains at a normal level. There are fewer buyers who come to check the goods and ask for prices. Processing plants and wholesalers buy in small quantities, and they pick and choose the goods at a lower price.

Market Sentiment: The market volume is not large, and the mainstream price has dropped by 3-4%.

Current Pricing:

• General Mixed grade old garlic 4.5-5.5cm in storage: 2.65-2.72 yuan/kg
• Mixed grade garlic 5.0-6.0cm in storage: 2.92-3.12 yuan/kg
• Garlic granules 4-6cm: 2.47-2.57 yuan/kg