Data Information shows that the price of garlic began to fluctuate,
with an overall upward trend, in early March. The price went
through three or four major fluctuations in only one month. The
price increased and then readjusted several times. People in the
industry stated that the current price fluctuations are mainly
caused by human interference in the garlic market. the price of
garlic that entered the market in 2018 was relatively low until
January 2019. The current price is far from low in comparison with
previous years. Data shows that the average price in March was 2.75
yuan [0.41 USD] per 0.5 kg. The price rapidly increased in March.
As for the reasons behind this development, the main reason is
still the market expectation for high prices in 2019. 2019 harvest
of Chinese garlic will enter the market in May. However, the
surface area devoted to garlic plantation in 2019 is around 25%
smaller than in 2018. Traders therefore expect the price of garlic
to increase this year. The price of garlic that entered storage in
2018, however, is relatively low. The overall market price
therefore bounces between high and low, but the price is unlikely
to fall much lower in the next few years.
Garlic description in details:
1. Type: Pure white/snow white skin fresh garlic
2. Size: 4.5cm-5.0cm, 5.0cm-5.5cm, 5.5cm-6.0cm, 6.0cm and up
3.Place of Origin: Jinxiang County, Shandong, China.
4.Packing: Packed in mesh bag or carton box
1)Loose packing: 10kg/ctn, 30lbs/ctn, 10kg/mesh bag, 20kg/mesh bag
2)Small packing:1kg/bag*10 bags/carton; 500g/*20 bags/carton;
200g/bag*50 bags/carton;
3pcs/bag, 10kg/carton; 4pcs/bag, 10kg/carton; 5pcs/bag,
10kg/carton.
3)Customized packing
5.Exporting standard and quality: no root, clean, no black mold,
not broken, no splits on the skin, no internal germination
outgrowth, no insects or fungous stuff.
6.Price terms: FOB, CNF, CFR, CIF
7.Payment terms: 30% deposit, 70% against the B/L copy
8.Transporting and storing temperature: -3 ~~ 0°C
9.Minimum order:1×40'FCL
10.Delivery time: within 7 days after receiving the deposit ssssss
