Garlic prices keep falling, and garlic farmers may find it hard to see a rebound in the short term

The world's garlic looks to China, and China's garlic looks to Jinxiang. The garlic market in Jinxiang also basically reflects the trends of China's garlic market, and it has strong reference value for us. Below, let me show you the recent garlic market in Jinxiang.

First, let me show you the garlic trading market of the past two weeks. Although the price reached a recent peak of 1.5 yuan per jin on May 7, it then turned back into a downward channel. It can be said that this was merely a fleeting moment in the recent market, and the upward trend had no continuity.

This is the garlic market trend chart for the past two months. From it, we can see that garlic has been falling over the past two months. During the entire decline, although there were increases along the way, they still could not stop the overall downward trend. Based on this, it is inferred that under the current situation, the garlic market will only decline further, because at present, in addition to southern garlic from Yunnan, Guizhou and other places, garlic from Shandong, Henan and other northern regions is also gradually coming onto the market. This will further impact the already saturated garlic market.

From the information above, we should not place too much hope in the recent garlic market. The current downward trend in garlic has already formed. Whether internal factors or overlapping external factors, all are bearish for the current garlic market. In addition, this year's garlic area has expanded somewhat, new garlic is coming onto the market in concentrated volumes, and garlic traders are further pressing prices down. It is expected that the garlic market may improve slightly in July and August. After all, garlic purchasing will only gradually close in September, and there is still a long period for selling garlic, so everyone might as well wait and see.

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