Dealers are frantically grabbing goods! Why is Angelica sinensis so popular?, A monthly increase of over 72%, followed by a price increase in just three to five days in the market | price | increase

In June of previous years, the medicinal herb market was generally in a low season, but this year it has been abnormal. Many medicinal herbs have seen price increases, among which Angelica sinensis has increased by about 60% in the past month, and the market price has exceeded 150 yuan per kilogram. Min County in Gansu Province is one of the main production areas of Angelica sinensis in China, with 70% of the country's Angelica sinensis produced in Min County. With the significant increase in prices, how is the recent sales situation of Angelica sinensis?

In the sales market of traditional Chinese medicine in Minxian County, Gansu Province, merchant Zheng Xu'an pulled around 4 tons of Angelica sinensis and sold it out in less than two hours. He told reporters that since the beginning of this year, Angelica sinensis has been selling quickly and its prices have been continuously rising.

Zheng Xu'an, a merchant in the Chinese herbal medicine sales market in Minxian County, Gansu Province, said that last year, one ton of goods had to be sold for 3 to 4 days. The price of Danggui pharmaceutical products is basically around 155 yuan per kilogram, and the price at the beginning of the year was over 70 yuan per kilogram.

Buyer Hu Baoyong told reporters that at the beginning of the month, he saw that the price of Angelica sinensis was high. After observing for a while, he found that the price was still rising, so he quickly came to purchase.

Hu Baoyong, a traditional Chinese medicine purchaser in Bozhou City, Anhui Province, purchased 20 tons of Angelica sinensis with a capital of approximately 4 million yuan. In the past, it was cheaper at only a few tens of yuan per kilogram, but now it has risen to over a hundred yuan per kilogram.

The data shows that the latest origin price of Angelica sinensis in Minxian County is 190 yuan/kg, with an increase of over 72% in the past month; The latest market price of Angelica sinensis factory goods in Anguo Pharmaceutical City is 170 yuan/kg, with an increase of over 60% in the past month. Since the beginning of this year, the continuous rise in the price of Angelica sinensis has also led to a significant increase in profits for traditional Chinese medicine sellers.

Merchant Wang Ru revealed to reporters that this year is the highest year for Angelica sinensis prices in his 8-year career, and sales in June are also not weak.

Merchant Wang Ru from the Chinese herbal medicine sales market in Minxian County, Gansu Province: 500 kilograms per day. In previous years, I sold a few tons per month and I still need someone to come and see my goods. This year, I earned several tens of yuan per kilogram. Last year, I basically didn't make any money. I earned one or two yuan or a few cents per kilogram.

Min County, Gansu: Angelica sinensis growers are unwilling to ship, distributors are hesitant to accept orders

What is the reason why the sales of Angelica sinensis are not weak during the off-season, and even the price increases every three to five days?

Hou Yongliang is a Angelica dealer in Minxian County, Gansu Province. He purchases Angelica and related products from over 1000 local Angelica growers in Minxian County, and then sells them to downstream traditional Chinese medicine decoction enterprises. Every year, he handles about 600 tons of Angelica.

Hou Yongliang, a dealer of Angelica sinensis in Minxian County, Gansu Province: In the morning, we went to the market to grab goods. We were originally going to purchase 5 tons of goods, but only managed to grab 2 tons.

Hou Yongliang told reporters that the purchasing situation of Angelica sinensis in Min County has been like this recently, so his inventory of Angelica sinensis is very low.

Hou Yongliang, a distributor of Angelica sinensis in Minxian County, Gansu Province: The inventory is basically between 70 to 100 tons per month, and they cannot receive the goods. They are also rushing to purchase in the market. Around May last year, the inventory could reach 200 tons.

Hou Yongliang rushed to the local Shang'ayang Village and planned to purchase 5 tons of Angelica sinensis and bergamot slices from farmers to replenish inventory.

Hou Yongliang, a distributor of Angelica sinensis in Minxian County, Gansu Province: How much can I pay for Angelica sinensis and Buddha's hand slices?

Ren Mazhong, a Angelica sinensis planter in Shang'ayang Village, Min County, Gansu Province: 245 yuan per kilogram.

Although Hou Yongliang was in a hurry to get the goods, it was obviously difficult to accept such a high price. Without reaching an agreement, Hou Yongliang had to continue to inquire at other homes.

Yu Yonghong, a Angelica sinensis grower from Shang'ayang Village, Min County, Gansu Province: From November to December last year, the price increased to over seventy yuan per kilogram, so I shipped the goods. Now, our family's stock is also very low.

Hou Yongliang, a distributor of Angelica sinensis in Minxian County, Gansu Province: Can you provide me with the goods now?

Danggui Planter Yu Yonghong from Shang'ayang Village, Min County, Gansu Province: Unable to supply.

Hou Yongliang told reporters that before this year, he had been able to purchase at most of the five or six places he visited in a day according to the plan. Recently, he has been visiting several places and returning empty handed. At present, Hou Yongliang is facing difficulties in purchasing Angelica sinensis products on one hand, and continuous growth in downstream demand on the other hand.

Procurement of Angelica sinensis in Kunming, Yunnan Province: How are you preparing for the last order of 60 tons of Angelica sinensis?

Hou Yongliang, a distributor of Angelica sinensis in Minxian County, Gansu: Not ready yet, it may take 10 days to organize.

Hou Yongliang, a dealer of Angelica sinensis in Minxian County, Gansu Province: We can answer about a dozen or so phone calls every day, and we dare not take orders.

According to industry insiders, the price increase of Angelica sinensis in this round has been particularly severe since entering June, mainly driven by supply and demand and speculative factors.

Zhang Yunyi, a researcher in the pharmaceutical industry at Huatai Securities: Last year, there was a significant decline in the planting and production of Angelica sinensis. Before the new production capacity came out in late October and early November, it was still relatively scarce. Angelica sinensis is a very common medicinal herb in the tonifying formula, and there is also a high demand for it. On the other hand, it is actually an expectation that some hoarded funds are hyping up.