Garlic And Ginger Were Hyped Up &Nbsp In The Second Half Of Last Year.

The price of garlic has finally dropped. After a sustained surge, the reporter found that although garlic prices rose nearly 100% in the first half of November, the price has dropped by two to 30% compared with the highest price, and speculation has started to withdraw.

The Ministry of Commerce recently announced in Haikou this winter and spring vegetable production and marketing convergence conference that in early November, the wholesale price of garlic and ginger in 36 large and medium-sized cities increased by 90% over the same period last year. Reporters yesterday found that the price of ginger and garlic on the market has dropped than the highest price, which has dropped by two to 30%.

　　 garlic , ginger In the second half of last year speculation

According to Wang Bingnan, director of the market operation Department of the Ministry of Commerce, a certain degree of speculation in agricultural products has led to rising prices of ginger and garlic. Since the second half of 2009, garlic, ginger and other "one season production, year-round consumption" of storage resistant agricultural products have been hyped and artificially pushed up prices. According to the Ministry of commerce price monitoring data, in early November, the wholesale price of garlic and ginger in 36 large and medium-sized cities increased by 95.8% and 89.5% respectively.

Retail: the most expensive ginger and garlic sold to 9 yuan a kilogram.

The retail price of garlic has hit a new high this year, reaching 9 yuan per catty. Garlic in the past as long as 1~2 yuan a Jin, now is more than 7 yuan a Jin. In November 2008, the average price of garlic was 1.2 yuan per catty. In 2009, it was about 4 yuan. In 2010, it had reached about 7 yuan. When it was most expensive, the average garlic reached 9 yuan or so, and the current price was 7.5 yuan a Jin.

Last night, reporters in the Lujiang vegetable market survey found that garlic and ginger prices in the market were 7.5 yuan a Jin. Wholesale market, a vegetable seller told reporters that the most expensive garlic wholesale price of ginger sold to 8 yuan a catty, retail price of about 9 yuan per catty, the current retail price has been 15% cheaper than the most expensive.

Wholesale price: ginger and garlic fall to 30% at the highest price.

The wholesale price of local garlic in Jinxiang County, Shandong Province, has plunged in August. It dropped to 6 yuan a kilogram in the past month and dropped to 4.1 yuan a Jin, a drop of 30%, but there was no obvious change in the market supply. Reporter survey found that recently, the wholesale market in Guangzhou garlic and ginger prices have begun to fall.

Reporters learned from the Jiangnan fruit and vegetable wholesale market, recently, ginger and garlic prices are relatively stable. Yesterday, the new ginger has been listed, the wholesale price is about 5.5 yuan per kilogram, the wholesale price of garlic is about 11.5 yuan, and the current price is 30% lower than the highest price.

Wholesale market manager: fried agricultural and sideline products are fools.

Yesterday, a general manager of the wholesale market who did not want to be named said frankly: "fried agricultural and sideline products are all fools." He told reporters: "fluctuations in agricultural and sideline products are too strong, larger than the stock market volatility. The year before, a stir fried ginger, made ten million. This year, when Jiang's army passed, he first took his army, lost all the money earned, and lost money.

According to the source, the price of agricultural and sideline products is often more volatile than that of grain. "When garlic and ginger are sold at the lowest price, they sell a few cents a catty, which is the most expensive to sell at 5 yuan. How big is the price difference?"

Idle capital ahead of shipment

According to reports, from August onwards, crazy garlic prices began to fall, sensitive venture capital and garlic traders worried that garlic prices will have inflection points this year, have been evacuated and shipped ahead of schedule.

In August, garlic sold in the hands of small traders and farmers began to sell. Garlic prices in Shandong, Jinxiang, Jiangsu, Pizhou and Henan Zhongmu were plunging. Shandong's Shouguang medium and long term vegetable dish October garlic contract price began to turn downward from July's record high of 14440 yuan / ton, and continuous downtime; the garlic contract market October garlic contract is 5 yuan from 14698 yuan / ton sky price, and in 12000 yuan / ton near the concussion.