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    Home > Medical News > Latest Medical News > Production shrinks, imports are blocked, and turmeric prices rise!

    Production shrinks, imports are blocked, and turmeric prices rise!

    • Last Update: 2021-08-05
    • Source: Internet
    • Author: User
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    Medical Network, July 30, in recent years, the global price of edible turmeric has been greatly affected by the planting area in India, Myanmar and other places, and the market fluctuates significantly, which affects the domestic turmeric market
    .
    In recent years, due to the impact of foreign low-priced goods, the domestic authentic variety Chuan turmeric has suffered from low prices and shrinking planting areas, which has attracted market attention
    .
     
    In this issue, Tiandi Yuntu's big data platform for the pharmaceutical industry made an analysis of the product market based on production and sales data
    .
     
    1.
    Chuan turmeric production has been reduced and imports have been blocked
     
    Bozhou market: This year the output of Sichuan turmeric is not large, the market is limited, and the holders are reluctant to sell them.
    The price is higher than the previous period.
    The price of Sichuan turmeric with 0.
    4 sieve selected by the market is around 26 yuan (kg price, the same below), and the price of imported turmeric 13 yuan, the price of Yunnan unified film is around 17 yuan
    .
     
      Anguo Market: The overall inventory of turmeric is not large, and the supply has been moving recently.
    The price has stopped rising and stabilized.
    The price of Chuan turmeric in the market is around 24 yuan
    .
    Due to the impact of the epidemic, there are not many incoming goods from India as a whole, and the prices of imported goods are firm
    .
     
      Yulin Market: There are not many new products of Sichuan turmeric, the market is empty, and the previous price has risen
    .
    The market price of Sichuan general goods is between 24-26 yuan, and the content of imported goods and Yunnan goods is lower, and the price is different from Sichuan goods.
    The market import price is 13 yuan, and the price of Yunnan general goods is 15 yuan
    .
     
      Lotus Pond Market: The overall inventory of turmeric is empty.
    Recently, some merchants are looking for goods.
    The market price has risen compared with the previous period.
    The quality of Sichuan Tongguan varies, and the price is between 23-27 yuan
    .
    The source of imported goods was hindered, and the price remained stable.
    The price of imported goods was 13 yuan, and the price of Yunnan goods was around 15 yuan
    .
     
      Sichuan Qianwei Chuan turmeric operator introduced that prices have been low in recent years and growers’ enthusiasm for planting has declined.
    This year’s new production volume is not large.
    The source of the source is moving smoothly, and the price is basically exported.
    The price is also higher than the previous period.
    The price of Chuan turmeric in the source is about 23 yuan, but overall The demand for Sichuan turmeric is not large, and the price needs to be driven by actual demand if it wants to continue to rise
    .
     
      2.
    The price of Sichuan turmeric rose
     
      
     
      Chart: 2016-2021 market price trend chart of turmeric
     
      From 2013 to 2016, the price of Sichuan turmeric bottomed out and farmers were not enthusiastic about planting.
    The secondary production areas withdrew one after another and began to plant high-priced fragrant sand.
    Only the old production areas were still habitually planted, and the production capacity of turmeric decreased year by year
    .
    With the consumption of inventory, in 2017, the price of turmeric after new production gradually increased, after reaching about 22 yuan, it slightly adjusted back to 19 yuan
    .
     
      At the beginning of 2018, due to the emptiness of turmeric inventory consumption, the reduction of planting area, and the reduction of disasters per mu, large purchasers actively purchased, driving the market to rise sharply, and the price rose from 18-19 yuan to the highest 26-27 yuan
    .
    However, due to the impact of imported turmeric and high prices to stimulate planting, the market quickly dropped to around 15 yuan a year later
    .
     
      Until the new production in 2021, the output of Sichuan turmeric was not large, the inventory was consumed, and the price rose again
    .
     
      3.
    Turmeric production areas are widely distributed
     
      Foreign turmeric is mainly produced in India, Vietnam, and Myanmar.
    Foreign land and labor are cheap and willing to sell at low prices, which supports the global turmeric industry
    .
    However, foreign-produced turmeric is low in efficacy, and imported products are not used for medicinal purposes, which has little effect on the domestic turmeric market
    .
     
      Yunnan turmeric is mainly a wild resource.
    Because of its large size and low content, the price is lower than that of Sichuan products.
    It is mainly used for extracting pigment
    .
    The price of turmeric rose sharply in 2011, and Yunnan began to develop home grown
    .
    After that, large quantities of home-grown turmeric were shipped, and the good market stimulated a large number of wild products, which greatly increased the output of Yunnan turmeric
    .
     
      Chuan turmeric production areas are relatively concentrated and have a long history of cultivation
    .
    Qianwei and Muchuan generally have habitual cultivation in the two main production areas .
    Prices have been sluggish in the past two years, and the overall planting area in the production area has shrunk, mainly relying on digesting inventory
    .
     
      According to statistics from Tiandi Yuntu's pharmaceutical industry big data platform, the domestic output of turmeric in 2020 will be 23,449 tons, mainly Yunnan turmeric
    .
     
      Four, turmeric has many uses
     
      India is the world's largest producer and consumer of turmeric, with an annual consumption of more than 200,000 tons; Pakistan needs 200,000 tons, and Myanmar has 20,000 tons
    .
    China is an emerging country using turmeric.
    Especially in recent years, as the country strictly controls the use of chemical pigments, the use of food coloring is increasing day by day, making the use of turmeric a significant increase
    .
    The domestic industrial demand for turmeric alone is estimated to have reached more than 50,000 tons
    .
     
      The demand for Sichuan turmeric (genuine) is generally 2800-3000 tons
    .
    However, due to the impact of a large number of low-quality but low-priced imported turmeric on the market, the demand for Sichuan turmeric by Chinese pharmaceutical companies has decreased, but at least around 2,000 tons
    .
     
      According to statistics from Tiandi Yuntu's pharmaceutical industry big data platform, the demand for turmeric in 2020 is 30,000 tons, and the shortfall needs to be imported from abroad
    .
     
      5.
    Analysis of main demand products and enterprises
     
      I was on the platform to monitor the 7702 kinds of drugs species were screened, 126 currently marketed proprietary Chinese medicines containing turmeric
    .
    The most demanded Chinese patent medicines for turmeric are Fengtongan Capsules, Kanglixin Capsules and Xiaoshi Lidan Capsules
    .
     
      Needs front of medicine enterprises were revised Pharmaceutical Group Co.
    , Ltd.
    , Yunnan famous Pharmaceutical Co.
    , Ltd.
    Tianhao Pharmaceutical Co.
    , Ltd.
    and Baoding
    .
     
      6.
    Anticipation of the market outlook
     
      1.
    The situation in India is not optimistic.
    The second outbreak in India at the end of April this year has shown no signs of improvement, affecting the import of foreign medicinal materials
    .
    In addition to the medicinal Sichuan turmeric, a large part of the other industrial and edible turmeric depend on imports
    .
    Imports are small and prices may rise
    .
     
      2.
    The demand for Sichuan turmeric is released.
    Due to the hindrance of imported goods, the domestic consumption of turmeric will increase relatively, which is bound to increase the contradiction between supply and demand for medicine
    .
     
      3.
    There is a gap between supply and demand for turmeric.
    From the data point of view, whether it is domestic Sichuan turmeric, Yunnan turmeric, or imported turmeric, there is a supply and demand gap
    .
    Coupled with the consumption of old stocks, price increases are also normal
    .
     
      However, the global turmeric production area is extensive, the production capacity is restored quickly, and the variety is easy to mix
    .
    How the price of turmeric will operate in the future depends on whether there is capital to participate, and on the speed of production recovery
    .
    The past two business capital stockpiles have fallen into disrepair, so we should not blindly speculate, lest the gains outweigh the losses
    .
      Medical Network, July 30, in recent years, the global price of edible turmeric has been greatly affected by the planting area in India, Myanmar and other places, and the market fluctuates significantly, which affects the domestic turmeric market
    .
    In recent years, due to the impact of foreign low-priced goods, the domestic authentic variety Chuan turmeric has suffered from low prices and shrinking planting areas, which has attracted market attention
    .
     
      In this issue, Tiandi Yuntu's big data platform for the pharmaceutical industry made an analysis of the product market based on production and sales data
    .
     
      1.
    Chuan turmeric production has been reduced and imports have been blocked
     
      Bozhou market: This year the output of Sichuan turmeric is not large, the market is limited, and the holders are reluctant to sell them.
    The price is higher than the previous period.
    The price of Sichuan turmeric with 0.
    4 sieve selected by the market is around 26 yuan (kg price, the same below), and the price of imported turmeric 13 yuan, the price of Yunnan unified film is around 17 yuan
    .
     
      Anguo Market: The overall inventory of turmeric is not large, and the supply has been moving recently.
    The price has stopped rising and stabilized.
    The price of Chuan turmeric in the market is around 24 yuan
    .
    Due to the impact of the epidemic, there are not many incoming goods from India as a whole, and the prices of imported goods are firm
    .
     
      Yulin Market: There are not many new products of Sichuan turmeric, the market is empty, and the previous price has risen
    .
    The market price of Sichuan general goods is between 24-26 yuan, and the content of imported goods and Yunnan goods is lower, and the price is different from Sichuan goods.
    The market import price is 13 yuan, and the price of Yunnan general goods is 15 yuan
    .
     
      Lotus Pond Market: The overall inventory of turmeric is empty.
    Recently, some merchants are looking for goods.
    The market price has risen compared with the previous period.
    The quality of Sichuan Tongguan varies, and the price is between 23-27 yuan
    .
    The source of imported goods was hindered, and the price remained stable.
    The price of imported goods was 13 yuan, and the price of Yunnan goods was around 15 yuan
    .
     
      Sichuan Qianwei Chuan turmeric operator introduced that prices have been low in recent years and growers’ enthusiasm for planting has declined.
    This year’s new production volume is not large.
    The source of the source is moving smoothly, and the price is basically exported.
    The price is also higher than the previous period.
    The price of Chuan turmeric in the source is about 23 yuan, but overall The demand for Sichuan turmeric is not large, and the price needs to be driven by actual demand if it wants to continue to rise
    .
     
      2.
    The price of Sichuan turmeric rose
     
      
     
      Chart: 2016-2021 market price trend chart of turmeric
     
      From 2013 to 2016, the price of Sichuan turmeric bottomed out and farmers were not enthusiastic about planting.
    The secondary production areas withdrew one after another and began to plant high-priced fragrant sand.
    Only the old production areas were still habitually planted, and the production capacity of turmeric decreased year by year
    .
    With the consumption of inventory, in 2017, the price of turmeric after new production gradually increased, after reaching about 22 yuan, it slightly adjusted back to 19 yuan
    .
     
      At the beginning of 2018, due to the emptiness of turmeric inventory consumption, the reduction of planting area, and the reduction of disasters per mu, large purchasers actively purchased, driving the market to rise sharply, and the price rose from 18-19 yuan to the highest 26-27 yuan
    .
    However, due to the impact of imported turmeric and high prices to stimulate planting, the market quickly dropped to around 15 yuan a year later
    .
     
      Until the new production in 2021, the output of Sichuan turmeric was not large, the inventory was consumed, and the price rose again
    .
     
      3.
    Turmeric production areas are widely distributed
     
      Foreign turmeric is mainly produced in India, Vietnam, and Myanmar.
    Foreign land and labor are cheap and willing to sell at low prices, which supports the global turmeric industry
    .
    However, foreign-produced turmeric is low in efficacy, and imported products are not used for medicinal purposes, which has little effect on the domestic turmeric market
    .
     
      Yunnan turmeric is mainly a wild resource.
    Because of its large size and low content, the price is lower than that of Sichuan products.
    It is mainly used for extracting pigment
    .
    The price of turmeric rose sharply in 2011, and Yunnan began to develop home grown
    .
    After that, large quantities of home-grown turmeric were shipped, and the good market stimulated a large number of wild products, which greatly increased the output of Yunnan turmeric
    .
     
      Chuan turmeric production areas are relatively concentrated and have a long history of cultivation
    .
    Qianwei and Muchuan generally have habitual cultivation in the two main production areas .
    Prices have been sluggish in the past two years, and the overall planting area in the production area has shrunk, mainly relying on digesting inventory
    .
     
      According to statistics from Tiandi Yuntu's pharmaceutical industry big data platform, the domestic output of turmeric in 2020 will be 23,449 tons, mainly Yunnan turmeric
    .
     
      Four, turmeric has many uses
     
      India is the world's largest producer and consumer of turmeric, with an annual consumption of more than 200,000 tons; Pakistan needs 200,000 tons, and Myanmar has 20,000 tons
    .
    China is an emerging country using turmeric.
    Especially in recent years, as the country strictly controls the use of chemical pigments, the use of food coloring is increasing day by day, making the use of turmeric a significant increase
    .
    The domestic industrial demand for turmeric alone is estimated to have reached more than 50,000 tons
    .
     
      The demand for Sichuan turmeric (genuine) is generally 2800-3000 tons
    .
    However, due to the impact of a large number of low-quality but low-priced imported turmeric on the market, the demand for Sichuan turmeric by Chinese pharmaceutical companies has decreased, but at least around 2,000 tons
    .
     
      According to statistics from Tiandi Yuntu's pharmaceutical industry big data platform, the demand for turmeric in 2020 is 30,000 tons, and the shortfall needs to be imported from abroad
    .
     
      5.
    Analysis of main demand products and enterprises
     
      I was on the platform to monitor the 7702 kinds of drugs species were screened, 126 currently marketed proprietary Chinese medicines containing turmeric
    .
    The most demanded Chinese patent medicines for turmeric are Fengtongan Capsules, Kanglixin Capsules and Xiaoshi Lidan Capsules
    .
     
      Needs front of medicine enterprises were revised Pharmaceutical Group Co.
    , Ltd.
    , Yunnan famous Pharmaceutical Co.
    , Ltd.
    Tianhao Pharmaceutical Co.
    , Ltd.
    and Baoding
    .
     
      6.
    Anticipation of the market outlook
     
      1.
    The situation in India is not optimistic.
    The second outbreak in India at the end of April this year has shown no signs of improvement, affecting the import of foreign medicinal materials
    .
    In addition to the medicinal Sichuan turmeric, a large part of the other industrial and edible turmeric depend on imports
    .
    Imports are small and prices may rise
    .
     
      2.
    The demand for Sichuan turmeric is released.
    Due to the hindrance of imported goods, the domestic consumption of turmeric will increase relatively, which is bound to increase the contradiction between supply and demand for medicine
    .
     
      3.
    There is a gap between supply and demand for turmeric.
    From the data point of view, whether it is domestic Sichuan turmeric, Yunnan turmeric, or imported turmeric, there is a supply and demand gap
    .
    Coupled with the consumption of old stocks, price increases are also normal
    .
     
      However, the global turmeric production area is extensive, the production capacity is restored quickly, and the variety is easy to mix
    .
    How the price of turmeric will operate in the future depends on whether there is capital to participate, and on the speed of production recovery
    .
    The past two business capital stockpiles have fallen into disrepair, so we should not blindly speculate, lest the gains outweigh the losses
    .
      Medical Network, July 30, in recent years, the global price of edible turmeric has been greatly affected by the planting area in India, Myanmar and other places, and the market fluctuates significantly, which affects the domestic turmeric market
    .
    In recent years, due to the impact of foreign low-priced goods, the domestic authentic variety Chuan turmeric has suffered from low prices and shrinking planting areas, which has attracted market attention
    .
     
      In this issue, Tiandi Yuntu's big data platform for the pharmaceutical industry made an analysis of the product market based on production and sales data
    .
     
      1.
    Chuan turmeric production has been reduced and imports have been blocked
      1.
    Chuan turmeric production has been reduced and imports have been blocked
     
      Bozhou market: This year the output of Sichuan turmeric is not large, the market is limited, and the holders are reluctant to sell them.
    The price is higher than the previous period.
    The price of Sichuan turmeric with 0.
    4 sieve selected by the market is around 26 yuan (kg price, the same below), and the price of imported turmeric 13 yuan, the price of Yunnan unified film is around 17 yuan
    .
     
      Anguo Market: The overall inventory of turmeric is not large, and the supply has been moving recently.
    The price has stopped rising and stabilized.
    The price of Chuan turmeric in the market is around 24 yuan
    .
    Due to the impact of the epidemic, there are not many incoming goods from India as a whole, and the prices of imported goods are firm
    .
     
      Yulin Market: There are not many new products of Sichuan turmeric, the market is empty, and the previous price has risen
    .
    The market price of Sichuan general goods is between 24-26 yuan, and the content of imported goods and Yunnan goods is lower, and the price is different from Sichuan goods.
    The market import price is 13 yuan, and the price of Yunnan general goods is 15 yuan
    .
     
      Lotus Pond Market: The overall inventory of turmeric is empty.
    Recently, some merchants are looking for goods.
    The market price has risen compared with the previous period.
    The quality of Sichuan Tongguan varies, and the price is between 23-27 yuan
    .
    The source of imported goods was hindered, and the price remained stable.
    The price of imported goods was 13 yuan, and the price of Yunnan goods was around 15 yuan
    .
     
      Sichuan Qianwei Chuan turmeric operator introduced that prices have been low in recent years and growers’ enthusiasm for planting has declined.
    This year’s new production volume is not large.
    The source of the source is moving smoothly, and the price is basically exported.
    The price is also higher than the previous period.
    The price of Chuan turmeric in the source is about 23 yuan, but overall The demand for Sichuan turmeric is not large, and the price needs to be driven by actual demand if it wants to continue to rise
    .
     
      2.
    The price of Sichuan turmeric rose
      2.
    The price of Sichuan turmeric rose
     
      
     
      Chart: 2016-2021 market price trend chart of turmeric
     
      From 2013 to 2016, the price of Sichuan turmeric bottomed out and farmers were not enthusiastic about planting.
    The secondary production areas withdrew one after another and began to plant high-priced fragrant sand.
    Only the old production areas were still habitually planted, and the production capacity of turmeric decreased year by year
    .
    With the consumption of inventory, in 2017, the price of turmeric after new production gradually increased, after reaching about 22 yuan, it slightly adjusted back to 19 yuan
    .
     
      At the beginning of 2018, due to the emptiness of turmeric inventory consumption, the reduction of planting area, and the reduction of disasters per mu, large purchasers actively purchased, driving the market to rise sharply, and the price rose from 18-19 yuan to the highest 26-27 yuan
    .
    However, due to the impact of imported turmeric and high prices to stimulate planting, the market quickly dropped to around 15 yuan a year later
    .
     
      Until the new production in 2021, the output of Sichuan turmeric was not large, the inventory was consumed, and the price rose again
    .
     
      3.
    Turmeric production areas are widely distributed
      3.
    Turmeric production areas are widely distributed
     
      Foreign turmeric is mainly produced in India, Vietnam, and Myanmar.
    Foreign land and labor are cheap and willing to sell at low prices, which supports the global turmeric industry
    .
    However, foreign-produced turmeric is low in efficacy, and imported products are not used for medicinal purposes, which has little effect on the domestic turmeric market
    .
     
      Yunnan turmeric is mainly a wild resource.
    Because of its large size and low content, the price is lower than that of Sichuan products.
    It is mainly used for extracting pigment
    .
    The price of turmeric rose sharply in 2011, and Yunnan began to develop home grown
    .
    After that, large quantities of home-grown turmeric were shipped, and the good market stimulated a large number of wild products, which greatly increased the output of Yunnan turmeric
    .
     
      Chuan turmeric production areas are relatively concentrated and have a long history of cultivation
    .
    Qianwei and Muchuan generally have habitual cultivation in the two main production areas .
    Prices have been sluggish in the past two years, and the overall planting area in the production area has shrunk, mainly relying on digesting inventory
    .
     
      According to statistics from Tiandi Yuntu's pharmaceutical industry big data platform, the domestic output of turmeric in 2020 will be 23,449 tons, mainly Yunnan turmeric
    .
     
      Four, turmeric has many uses
      Four, turmeric has many uses
     
      India is the world's largest producer and consumer of turmeric, with an annual consumption of more than 200,000 tons; Pakistan needs 200,000 tons, and Myanmar has 20,000 tons
    .
    China is an emerging country using turmeric.
    Especially in recent years, as the country strictly controls the use of chemical pigments, the use of food coloring is increasing day by day, making the use of turmeric a significant increase
    .
    The domestic industrial demand for turmeric alone is estimated to have reached more than 50,000 tons
    .
     
      The demand for Sichuan turmeric (genuine) is generally 2800-3000 tons
    .
    However, due to the impact of a large number of low-quality but low-priced imported turmeric on the market, the demand for Sichuan turmeric by Chinese pharmaceutical companies has decreased, but at least around 2,000 tons
    .
     
      According to statistics from Tiandi Yuntu's pharmaceutical industry big data platform, the demand for turmeric in 2020 is 30,000 tons, and the shortfall needs to be imported from abroad
    .
     
      5.
    Analysis of main demand products and enterprises
      5.
    Analysis of main demand products and enterprises
     
      I was on the platform to monitor the 7702 kinds of drugs species were screened, 126 currently marketed proprietary Chinese medicines containing turmeric
    .
    The most demanded Chinese patent medicines for turmeric are Fengtongan Capsules, Kanglixin Capsules and Xiaoshi Lidan Capsules
    .
    Medicine, medicine, medicine
     
      Needs front of medicine enterprises were revised Pharmaceutical Group Co.
    , Ltd.
    , Yunnan famous Pharmaceutical Co.
    , Ltd.
    Tianhao Pharmaceutical Co.
    , Ltd.
    and Baoding
    .
    Enterprise business enterprise
     
      6.
    Anticipation of the market outlook
      6.
    Anticipation of the market outlook
     
      1.
    The situation in India is not optimistic.
    The second outbreak in India at the end of April this year has shown no signs of improvement, affecting the import of foreign medicinal materials
    .
    In addition to the medicinal Sichuan turmeric, a large part of the other industrial and edible turmeric depend on imports
    .
    Imports are small and prices may rise
    .
    Herbs medicinal herbs
     
      2.
    The demand for Sichuan turmeric is released.
    Due to the hindrance of imported goods, the domestic consumption of turmeric will increase relatively, which is bound to increase the contradiction between supply and demand for medicine
    .
     
      3.
    There is a gap between supply and demand for turmeric.
    From the data point of view, whether it is domestic Sichuan turmeric, Yunnan turmeric, or imported turmeric, there is a supply and demand gap
    .
    Coupled with the consumption of old stocks, price increases are also normal
    .
     
      However, the global turmeric production area is extensive, the production capacity is restored quickly, and the variety is easy to mix
    .
    How the price of turmeric will operate in the future depends on whether there is capital to participate, and on the speed of production recovery
    .
    The past two business capital stockpiles have fallen into disrepair, so we should not blindly speculate, lest the gains outweigh the losses
    .
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

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