"Garlic, you ruthless" come back out of the arena?

The weather has changed recently, especially after extreme rainfall in many places, there are rumors in the market that vegetable prices will also be affected

The retail market garlic prices rose slightly

On September 5th, Beijing’s farmer’s market was bustling as usual in the morning market

A retailer said: "Garlic has been up for about half a month

However, some retailers said that the price of garlic is currently between RMB 6 and RMB 7 per kilogram, with no significant increase

Retailers also have different views on the future trend of garlic

Some retailers believe that the price of garlic will rise in the future because the price has been low and farmers are not enthusiastic about planting

Zhongzheng Jun contacted the upstream growers

It is forecasted that garlic prices will be generally stable in September

According to Beijing Xinfadi's data, on September 4, the average price of garlic was 3.

According to the official website of the Ministry of Agriculture and Rural Affairs, the price of garlic in early and mid-August reached the expected price of some storage companies, and the third batch of storage companies actively limited the purchase price

According to Mysteel research data, the yield per mu in the old production area of ​​Jinxiang in Shandong is about 2500 jin, and the profit per mu is about 6,300-6500 yuan

Industry analysts said that due to the increase in the storage price this year compared to last year, the risk factor of depositors has increased, and profit points may decrease

Regarding future trends, the Jinxiang Garlic Specialty Wholesale Market Information Center stated that it predicts that garlic prices will generally be stable and weaker in September, and it is recommended that depositors sell garlic in an orderly manner

Closely related to listed companies

Among the A-share listed companies, the companies that use garlic as raw materials mainly include Jiaotong University Onlly and Tomson Be-Health, which make garlic oil soft capsules

At the same time, food companies mostly use garlic as a seasoning

Among them, the League of Nations said that the company's pre-made dishes will have a revenue of about 730 million yuan in 2020

Garlic is an important raw material, how can listed companies avoid the risk of price changes?

On September 1, Xiong Jun, chairman of the Zhengzhou Commodity Exchange, stated at the "2021 China (Zhengzhou) International Futures Forum" on Wednesday that he would improve the futures market maker management mechanism, further promote the portfolio margin business, and promote the listing of more commodity futures ETFs.