Shandong Agricultural Products Trade Co., Ltd.
  • AddressJinan Tianqiao District, Shandong Province
  • Factory AddressJinan Tianqiao District, Shandong Province

Garlic Prices Are Rising, But Garlic Farmers Are Still Losing Money

2020-07-25 09:27:29

This year's garlic market has exceeded all garlic farmers' expectations. The main reason is that farmers blindly expand garlic planting area. Last year, the market for garlic was very good. Therefore, the garlic planting area was expanded at the end of last year, and the total area was expanded by at least 20%, which eventually led to be unsalabla and the price was not optimistic.

At the end of the spring, the price of garlic was only about 0.50 yuan perjin. Later, China Garlic Price continued to rise, rising to 0.65 yuan per jin. However, the price of garlic has risen faster recently, and the current price of high-quality garlic has risen to 1.25 yuan per jin.

Today the price of garlic is rising, but it is still at a loss in terms of higher planting costs. According to the calculation of garlic farmers, maintaining the price of dried garlic at 2.2 yuan per jin is the break-even point. Therefore, although the price of garlic is gradually increasing, the increase is not too great, and it is still sold at a loss.

As the weather gets hotter, consumers' consumption of garlic will gradually increase. After all, garlic has the effect of sterilization. Therefore, it is expected that the price of garlic will increase in the second half of the year. Although the increase is not too great, it can reach the cost price.