Peak level prices for Chinese Garlic

China

Wednesday 04 May 2016

Jining Land Produce is a Chinese expert in garlic, ginger and chestnut. The company was established in 2006 in China. The company is engaged in the sourcing, processing, storage and import and export of fresh produce. Its main products are fresh garlic, ginger and chestnuts. Red Dragon and Red 8 are the company’s two flagship brands.

“Garlic is one of our main products. We can supply garlic all year around. The new garlic is available from June onwards. This year’s garlic prices have reached a peak level. Cold weather in January has damaged a share of the new sprouts. This is expected to lead to an overall production decrease of 10% to 20% for the coming season. Growers and traders have started to store garlic, because they expect prices to continue to go up until the new garlic arrives on the market,” explains Tom Bi of Jining Land Produce.

“We have 150 hectares of garlic near the city of Jining in Shandong province. We had to cover our land with films to protect our crops against the extreme cold this winter. Our garlic is exported to Europa and South America. Europe is a complicated market, due to strict export quota’s. Our garlic is very competitive on the South America market and we have been able to increase our year on year sales. We are competitive with Spain, Argentinian and Peruvian garlic on price, output volume and quality.”