echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Medical News > Latest Medical News > Chinese herbal medicine is now rising in price! Double the price of a variety! What happened?

    Chinese herbal medicine is now rising in price! Double the price of a variety! What happened?

    • Last Update: 2021-01-01
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    Medicine Network December 25th, after several years of adjustment, this year, some varieties of Chinese herbal medicine prices, there have been different degrees of increase, especially into the fourth quarter, the price increase is accelerating trend, what is the reason for the price of Chinese herbal medicine? The new crown pneumonia epidemic overlay weather factors chinese herbal medicine prices generally rose in Guangzhou Qingping Chinese herbal medicine market, do the wholesale business of Chinese herbal medicine for many years Mr. Zhang told reporters that he operated in the fourth quarter of this year, almost all varieties are rising in price, to 37 for example, now the price per kilogram has risen to about 220 yuan, compared to the average price of about 200 yuan in July and August, up nearly 10 percent.
    reporter learned that since this year, almost all chinese herbal medicine prices have risen, the price of individual varieties has doubled.
    , the head of the Chinese herbal medicine market told reporters that the price of Chinese herbal medicine at the same time, the volume of transactions has also been greatly increased.
    , general manager of Qingping Center, an e-commerce company, said: This year is expected to reach 12 billion yuan, last year there were at least 7 billion yuan in transactions.
    this year's outbreak to nourish the category to do, the market does not fall back up.
    for the reasons for the rise in the price of Chinese herbal medicine, many businesses believe that this year's rain is one of the important reasons for the price increase, this statement has also been recognized by Chinese herbal medicine processing enterprises.
    , Guangdong Zhaoqing, a Chinese herbal medicine processing enterprise head told reporters that due to this year's heavy precipitation, the general harvest of Chinese herbal medicine is not as good as last year, resulting in tight supply, prices naturally rising ship high.
    reporters learned that the price of their enterprise's production of canton musk dried goods has more than doubled from about 15,000 yuan per ton at the end of last year, to about 38,000 yuan per ton today.
    Guangdong Dongfu Bank Chairman Liang Zhan: In June and July, Guangdong's rain is more, drainage is not fast enough, a lot of rotten roots lead to low production, poor quality, so from 2019 to the present, the price has more than doubled.
    addition, industry insiders told reporters that this year's outbreak of new crown pneumonia has blocked some imports of medicinal herbs, which also invisibly pushed up the price of related varieties.
    China Chinese Medicine Association, Chinese herbal medicine cultivation and breeding professional committee chairman Wang Weiquan: imported from abroad, because of the epidemic, the port by a lot of trade, customs clearance, so the import of medicinal herbs appeared in short supply, the price has been very high, some rose to 200%, such as soybean meal, black pepper and other Southeast Asian varieties.
    The new pharmacopeia is about to implement the price of Chinese herbal medicines or there is still room to rise, the State Drug Administration, the National Health and Health Commission jointly issued a public announcement, officially promulgated the 2020 edition of the "People's Republic of China Pharmacopoeia", and will be officially implemented on December 30.
    the implementation of the new pharmacopeia will have an impact on the Chinese herbal medicine market? Reporters learned that the content of the new edition of the pharmacopeia compared to the previous version has a lot of new adjustments, the quality and standards of Chinese medicine is the promotion of its key content.
    Wang Weiquan, Chairman of the Professional Committee of Chinese Medicine Cultivation and Breeding of the Chinese Medicine Association: The new pharmacopeia has raised the requirements of many varieties for heavy metal agricultural residues, directly related to the price of medicinal herbs that meet the standards of the Pharmacopeia will rise.
    , for example, high agricultural disability ginseng, the price is about 120 yuan per kilogram, but in line with pharmacopeia standards, low disability or even no disability, the price is nearly 200 yuan per kilogram.
    believe that the formal implementation of the new pharmacopeia, the relevant enterprises put forward higher requirements.
    For example, the agricultural residues, heavy metals, content and any other Chinese medicine tablets can not meet the pharmacopeia standards, are "bad medicine" or "does not meet the drug standards" of Chinese medicine tablets, which will undoubtedly quickly eliminate a considerable number of unqualified Chinese herbal raw materials, enterprises will also pay more attention to the source of raw materials control.
    Zhangzhou Tablet Pharmaceutical Co., Ltd. Deputy General Manager Liu Congsheng: enterprises to do medicinal herbs breeding base, standardized breeding, in addition to the whole enterprise is good, but also to the whole society and industry a boost.
    in the short term some may not even see the benefits, but enterprises should still go in this direction to work.
    Because of the quality of medicines, how do we trace the origin of Chinese herbal medicines, how to start from the selection of seedlings, to achieve high quality, this is a very critical link.
    industry insiders said that in the short term, the implementation of the new pharmacopeia may stimulate the price of Chinese herbal medicines, but in the long run, more stringent quality standards, will undoubtedly regulate the entire Chinese herbal medicine market more healthy development.
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.