Garlic Price In 2019 Has Doubled From 2018
With the arrival of spring, the weather is getting warmer and new garlic is entering the market. The price in 2019 is nearly double that of 2018. And will the garlic market in 2019 be like a roller coaster in 2018?
According to relevant media reports, in Yunnan, a lot of new garlic has been on the market, mainly single-headed garlic and red-skinned garlic. The size and quality of garlic are also different. The price of garlic in Yunnan has risen sharply. The main reason is the lag of the market, which leads to a balance between supply and demand. In 2018, because there were more people who planted garlic, the garlic in Yunnan could not be sold, and the price was suppressed very low and the profit was low. According to the data, the average price of garlic in 2018 is only 5 cents. Therefore, in 2019, many people did not grow garlic and replanted other crops. The low yield resulted in a continuous increase in garlic in 2019.
According to the trend of garlic prices in the past, it generally declines in May of each year. At the end of May and early June, the price of garlic will fall to the bottom, and then garlic will slowly pick up again in the next few months. Of course, the direction of the garlic market in 2019 depends on the specific market reaction.