"In the past year, the market price of garlic has gone up by at least 80%. The factors that lead to this phenomenon are diverse, and I think the main reason for the reduction in production and the hoarding of middlemen is the main reason for this phenomenon.
Stockpile malicious push up the market
"The second half of last year due to cold weather in Shandong and other main producing areas of garlic production is serious, in the country, the production rate reached nearly 30%, part of the garlic farmers and middlemen see business opportunities, began hoarding garlic, to artificially raise the market price, which makes the city the soaring price of garlic. And saw last year's garlic exchange profits, this year's new garlic listed on the initial, it was the middle of the crazy goods received, which naturally led to a new round of price increases."
Uncertainty in the future market
"In the export side, compared with the same period last year, this year's garlic exports decreased by about 20%, which is also due to higher market prices, making a lot of garlic importing countries have to reduce imports from china. Next year the garlic market will be, it is still hard to say, driven by profit, is still very high in Shandong area farmers' enthusiasm for planting garlic, but also affected the growth of the weather conditions, so the yield of garlic next year will be how to change it is hard to say."
