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the prices of many chinese medicinal materials have fallen. atractylodes has dropped by about 30 yuan per kilogram, and the price of forsythia has been cut in half.

2024-10-01

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red star capital bureau reported on october 1 that recently, there was news that the prices of medicinal materials such as atractylodes, forsythia, and angelica dahurica, which were relatively high in the early stage, have declined. on september 30, red star capital bureau called a number of merchants in the chinese herbal medicine market and found that the price of atractylodes macrocephala has generally dropped by about 30 yuan recently.
the "atractylodes price trend" of kangmei traditional chinese medicine network shows that the price of atractylodes in the anhui bozhou market was still 100 yuan per kilogram in january this year, rose to 185 yuan/kg from april to may, and has now fallen back to 150 yuan/kg. in addition, the price of angelica dahuricae in the bozhou market was 27 yuan/kg in october last year. it fell back to 22 yuan/kg in april this year and is currently 11 yuan/kg.
(screenshot from kangmei chinese medicine network)
"wanggutang" of the bozhou traditional chinese medicine professional market said that the current price of two-year-old atractylodes macrocephala in the store is 130-160 yuan per kilogram, compared with about 200 yuan per kilogram before; the price of one-year-old atractylodes macrocephala is 60-90 yuan per kilogram. more than 100 yuan per kilogram. the boss said that now that we have entered the new production season, the price has dropped, and it is expected that the price will drop again in the future. in addition to atractylodes macrocephala, the angelica dahurica in his store costs 8 yuan to 14 yuan per kilogram, and the forsythia root costs 90 yuan to 100 yuan per kilogram.
many merchants who have opened stores in the bozhou traditional chinese medicine specialty market told red star capital bureau that the price of atractylodes macrocephala is currently about 30 yuan lower than before. some merchants said, "maybe the inventory in the market is large now, the movement is slower, and new products will be released soon."
in addition, red star capital bureau also learned from many chinese herbal medicine dealers in bozhou that forsythia is currently about 75 yuan to 85 yuan per kilogram. the "forsythia price trend" on kangmei traditional chinese medicine network shows that forsythia in the bozhou market cost 200 yuan per kilogram in october last year, dropped to 100 yuan in may this year, and is currently priced at 70 yuan.
in addition to bozhou in anhui, yulin in guangxi, anguo in hebei, and zhangshu in jiangxi are also famous chinese herbal medicine trading markets in my country. red star capital bureau called chinese herbal medicine dealers in anguo and zhangshu. some merchants said that the price of one-year atractylodes macrocephala was reduced by about 20 yuan per kilogram, and that of two-year-old atractylodes macrocephala was reduced by about 25 yuan per kilogram. in addition, forsythia has also dropped to 90 yuan per kilogram.
according to the financial associated press, some industry insiders said that one of the main reasons for the overall price drop of medicinal materials this year is the increase in supply of many varieties. because chinese medicinal materials have been at high prices for two or three years, some medicinal material growers have blindly expanded their plantings without market cycle fluctuations. understanding, resulting in overcapacity, which downstream cannot digest in the short term.
red star news reporter yu yao and intern reporter zeng han
editor xiao shiqing
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