How much is Chinese torreya per jin? An overview of the market

Chinese torreya (Torreya grandis) is an economic crop unique to China, also known as the "concubine tree." It is rich in nutrients and has an excellent, distinctive taste, while also offering high health and medicinal value. It can be used to kill insects, treat constipation and hemorrhoids, moisten the lungs, improve eyesight and treat coughs, among other effects. Its market price is relatively expensive, generally around one hundred-plus yuan per jin, but the price is related to many factors. Let us analyze them in detail below.

1. How much was Chinese torreya per jin in 2018?

In 2018, the price of Chinese torreya was basically one hundred twenty to one hundred fifty yuan per jin, but there are many factors affecting the market price of Chinese torreya, so there is a certain price gap. For example, the currently popular Baicaowei Chinese torreya, one hundred fifty-eight grams, generally costs fifty-five yuan, while Migoo's costs one hundred seventy yuan per jin, and some can even sell for two hundred eighteen yuan per jin. It is fair to say the market price is quite good.

2. Market conditions

The overall market conditions for Chinese torreya are still good, because in recent years the sales of nuts have been very good. Some nuts offer great health benefits when eaten, and among them plain nuts have the highest nutritional value. However, in pursuit of taste, they undergo a series of processing steps and come in various flavors. People who have tried Chinese torreya and those who have not will both buy it, so market demand is still very large. But because the planted area is not large, production cannot meet market demand. In the future, it will still be necessary to increase Chinese torreya planting efforts and raise output, so that more people can taste the deliciousness of Chinese torreya.

3. Planting returns

The growth cycle of the Chinese torreya tree is relatively long; it generally takes twelve years to bear fruit, so economic returns can only be obtained after twelve years. Normally, a newly fruiting Chinese torreya tree can produce about forty jin, which means each tree can yield a return of about six hundred yuan. At least forty trees can be planted per mu, which means about twenty-five thousand yuan can be earned per year. Moreover, the yield of Chinese torreya trees will continue to increase afterward. A twenty-year-old Chinese torreya tree can yield a return of about one thousand one hundred yuan per tree, while only about thirty trees can be planted per mu, so about thirty-four thousand yuan can be earned per year. The economic benefit is still relatively high.

4. Planting prospects

Judging from the current market price and market demand, the planting prospects for Chinese torreya are still quite good. In addition, the Chinese torreya tree planting in Shaoxing has been recognized by the state as national cultural heritage, so the market value of Chinese torreya has been raised to another level. Although the price of Chinese torreya is very high, the price of its seedlings is also relatively high, and combined with the very long growth cycle, the cost of planting is also very large. Therefore, a certain risk must still be borne when planting, since no one can predict the market changes more than ten years later.