echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Medical News > Medical World News > The stock of cumin is not large, and the price has an upward trend!

    The stock of cumin is not large, and the price has an upward trend!

    • Last Update: 2022-04-27
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    Cumin is a variety that is much more edible than medicinal.
    The price has not been high.
    In recent years, the market has been hovering between 9-13 yuan (kg price, the same below), and it is difficult to do much
    .
    The price of this variety has fluctuated slightly recently, can the price continue to rise? In this issue, the big data platform of the pharmaceutical industry of Tiandi Yuntu makes an analysis of the market of this variety based on the production and sales data
    .
    1.
    Movement of cumin market and origin Yulin market: Recently, the movement of cumin supply in the market is obviously better than that in the previous period.
    Some merchants are looking for large goods, and the market is rising steadily
    .
    At present, the price of imported cumin in the market is about 12.
    5 yuan, and the domestic color green goods are priced at 14-15.
    5 yuan
    .
    Bozhou market: The market of cumin has been running smoothly recently, and the supply of goods has been moving well
    .
    The price of imported general goods is about 12 yuan, the price of green and green goods is about 13 yuan, the price of domestic unified goods is between 12-14 yuan, and the market retail price is 16 yuan
    .
    Prices are subject to change as inventory is depleted
    .
    Anguo Market: The supply of cumin went smoothly, and some merchants continued to purchase the supply, and the market rose slightly
    .
    At present, the price of imported products in the market is between 11.
    5-12 yuan, the price of good products is between 12.
    5-12.
    8 yuan, and the price of domestic products is between 13.
    5-14 yuan.
    The transaction is obviously better than the previous period
    .
    According to a cumin dealer in Yumen, Gansu, driven by demand, the supply of goods has been moving smoothly recently, and the market is higher than the previous period
    .
    At present, the price of cumin is priced at 12.
    5 yuan.
    The new product will not be available until July this year.
    It is expected that the price may change
    .
    2.
    The market fluctuates and fluctuates Figure: 2017-2022 fennel market price chart Cumin has been oversupplied for many years, and the price continues to be depressed
    .
    Most of the time in the 1990s, the price of this variety hovered between 2.
    5-3.
    5 yuan, and only in 1996 created a historic high price of about 16 yuan.

    .
    After 2000, the market of cumin mostly ran between 5-7 yuan.
    After the new production in 2010, there was a high price of about 13 yuan, and the price has not exceeded 13 yuan since then
    .
    It can be found that the overall operation of the cumin market is a step-like rise with the rise in prices, but the rise is small and the fluctuation cycle is long
    .
    After 2021, the price of this variety will return to 13 yuan again, and the price will continue to climb slightly in 2022
    .
    3.
    The largest output of cumin in Gansu The main producing areas of cumin are concentrated in Zhangye, Yumen, Jiuquan in Gansu, Haiyuan in Ningxia, Tuoketuo, Wuyuan and Linhe in Inner Mongolia, Yingxian and Shuozhou in Shanxi
    .
    Cumin in Gansu production area accounts for about 50% of the total output
    .
    Among them, Minqin County, Gansu Province has the largest output.
    The main production areas are Donghu Town, Zhongqu Township and Xiqu Township, mainly concentrated in Donghu Town
    .
    The output of other production areas such as Shanxi accounts for about 15% of the total output, and the output of Inner Mongolia accounts for about 25% of the total output
    .
    According to the statistics of the big data platform of the pharmaceutical industry in Tiandi Yuntu, the output of cumin in 2020 will be about 28,909 tons, and the output in 2021 will be about 24,755 tons
    .
    4.
    Cumin is mainly used for food, which is spicy and warm in nature.
    It has the functions of dispelling cold and relieving pain, and regulating qi in the stomach.
    It also has anti-ulcer and analgesic effects.
    Stomach pain, vomiting and other symptoms, fennel oil has different degrees of antibacterial effect, attending dry, wet athlete's foot and other diseases
    .
    The annual demand for fennel is about 20,000 tons, of which about 15,000 tons are edible, about 3,000 tons are exported to South Korea, Japan, Hong Kong and other places, and about 1,500 tons are used for fennel oil extraction, and the medicinal amount is relatively small
    .
    According to the statistics of the big data platform of the pharmaceutical industry in Tiandi Yuntu, affected by the epidemic, the consumption of cumin will be around 21,000 tons in 2020 and around 22,500 tons in 2021, showing a slight rebound.

    .
    V.
    Analysis of Main Demand Products and Enterprises In terms of the demand for Chinese patent medicines, the demand for cumin is relatively small.
    Through the screening of 7702 varieties of Chinese patent medicines monitored by the platform, there are currently 36 Chinese patent medicines that contain cumin, and those with the highest demand Chinese patent medicines are Shenbao syrup, Sanbian tonic wine, rheumatism pain medicine wine,
    etc.
    The Chinese patent medicine companies with the highest demand for cumin are Jiangxi Far East Pharmaceutical Co.
    , Ltd.
    , Jiangxi Jimin Trusted Pharmaceutical Co.
    , Ltd.
    , and Yantai Zhongya Medicine and Health Wine Co.
    ,
    Ltd.
    6.
    Forecast of the market outlook 1.
    Low planting cost Cumin is easy to grow and easy to manage, has a short production cycle, and is less affected by natural disasters.
    In order to increase income, farmers generally use intercropping with other crops, which can further reduce planting costs
    .
    If cumin is calculated at the normal yield of 180 kilograms per mu, at a price of 11 yuan per kilogram, after deducting the cost, the income per mu of land can also be about 1400 yuan, and the income of medicinal farmers is guaranteed
    .
    2.
    Short shelf life, cumin is not easy to store, and storage time is too long will affect the quality
    .
    Therefore, the price of old goods is lower than the price of new goods, and therefore few merchants are hoarding them.
    Several times the market is naturally caused by the imbalance of supply and demand
    .
    3.
    Wide range of producing areas The main producing areas of cumin are mainly concentrated in Gansu, Ningxia, Inner Mongolia, Shanxi and other regions
    .
    At the same time, there are also imported sources, which also ensures the market supply
    .
    To sum up, the industry has always believed that the sluggish market of this variety has caused farmers to be less motivated to plant, and its price is unlikely to improve much, mainly because of the above three reasons
    .
    Due to the limited supply this year, the prices of seasoning varieties have generally risen, and the market in the origin is moving smoothly, and the market may continue to rise
    .
    However, once new products enter the market after new production, old products will no longer receive attention and popularity.
    Therefore, the time window for increasing prices and selling goods is not long, and operators are expected to be cautious
    .
    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.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.