CN Garlic crop update

CN Garlic crop update

Harvesting of new crop garlic has started in China in the Henan province. Experts in the field tell us that the yield will definitely will be less compared to 2020. Jinxiang county (southwestern Shandong province) will start in some 2 weeks from now.

Also here the yield is foreseen to be lower compared to previous season. With Jinxiang being the main growing area this gives us a good indication of the total crop from China for this year. Prices have firmed up with 5-7% in a week’s time already. Exporters tell us that due to strong local demands they foresee room for further increases of about 20% during the coming weeks/months (abt. us$500.=/mt). The strong Renminbi and high freight rates are additional headaches for importers of (dehydrated) Chinese garlic.

We urge our customers to be in time for covering new crop requirements. Chinese garlic speculators are known for having deep pockets, some reports tell us that they have started building up positions already.

Visit us

Schoolstraat 15
NL 3311XT Dordrecht
The Netherlands

Contact

Phone
Europe: +31 10 530 0016
USA: +1 (646) 663 6166

E-mail
info@doesspice.com

We use cookies

We use cookies on our website. Some of them are essential for the operation of the site, while others help us to improve this site and the user experience (tracking cookies). You can decide for yourself whether you want to allow cookies or not. Please note that if you reject them, you may not be able to use all the functionalities of the site.