On July 9th, the Chinese herbal medicine index was 2,709 points, unchanged from yesterday, a decrease of 1.53% from the cycle's highest point of 2,751 points (2023-06-26), and an increase of 177.85% from the lowest point of 975 points on November 25th, 2019. (Note: The cycle refers to June 30th, 2019 to present)
According to the price monitoring of SunSirs, in the 27th week of 2023 (7.3-7.7), there were 2 products that rose, 2 products that fell, and 4 products that rose or fell to 0 on the Chinese herbal medicine price list. The main commodities that rose were: Ophiopogon japonicus (1.21%) and Flos Lonicerae (1.06%); The main commodities that fell were: Forsythia (-2.41%) and Angelica (-1.85%). Last week's average increase or decrease was -0.25%.
According to the monitoring of the commodity market analysis system of SunSirs, new Flos Lonicerae products have been launched in succession, and the market is unstable recently, but the price basically fluctuates within a small range. At present, the asking price of blue and white flowers in Bozhou market is between 150-165 RMB; Shandong Pharmaceutical Factory charges between 120 and 125 RMB for a large quantity of goods, while the price of first tier goods is around 145 RMB.
Flos Lonicerae in Julu County, Xingtai, Hebei Province, has continued to produce new Flos Lonicerae. Recently, the supply of goods is still good, and the market is running smoothly. The local price of Flos Lonicerae is 155 RMB for super grade goods, and 150 RMB for blue and white goods; The price of the white flower premium product is 135 RMB, and the unified price of the white flower product is 130 RMB.
The Flos Lonicerae trade in Pingyi County, Linyi, Shandong Province is smooth and the market is good. Affected by the intervention of funds, the price of blue and white flowers has increased. Currently, the trading price of premium blue and white flowers is 160 RMB, 150 RMB for the first level, and 140 RMB for the second level. The price of Baihua has been slightly affected, while the price of good goods is firm, and the impact of raw materials is not significant. Currently, the transaction price for Baihua's first level production area is 135 RMB, the second level is 125 RMB, the third level is 115 RMB, the fourth level is 90 RMB, and substandard products are 15-80 RMB.
In addition to normal manufacturers purchasing on demand, due to capital's preference for blue and white flowers, blue and white flowers did not decrease but rose when they should have decreased, resulting in firm prices. It is expected to continue for a long time in the future. In terms of Flos Lonicerae and white flowers, due to the lower prices before production, this year farmers and bases have adopted a more focused mode of picking, which has led to a decrease in the quantity of white flower slices and a relatively large amount of substandard materials, resulting in a relative increase in slices and relatively stable feeding.
This year, the yield of Flos Lonicerae in Hebei and Henan provinces has decreased due to the impact of low temperature weather. However, due to the expansion in previous years, there is currently a large amount of land available. Therefore, in the absence of special demand in the future, Business Society analysis suggests that the market for Flos Lonicerae may remain strong, and the price change will not be too significant.
With the continuous high temperature weather throughout the country, the Chinese herbal medicine market has entered the traditional off-season, with low overall trading volume, limited market hotspots, and limited attention from merchants. Some varieties that missed the price increase in the early stage have performed well in the near future, but clearly lack the drive of star varieties; The trading volume of the declining variety market this week has further shrunk, lacking practical digestion, and merchants are also unwilling to sell at reduced prices.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.