High content products are scarce in the decline of turmeric price

In recent years, the market demand of curcumin, one of the main varieties of plant extracts, has shown an increasing trend, driven by the continuous clinical data proving and branding of the international leading enterprises Meanwhile, its cognition at the industry and consumer level has also been significantly improved Curcumin is the main raw material of curcumin, so the market fluctuation of curcumin is basically only curcumin harvest In 2010, India and Myanmar, the two main areas of turmeric, suffered social changes and bad weather, which affected the harvest and transportation of turmeric, and initially caused a shortage of raw materials At the same time, under the severe drought, the yield and quality of turmeric in Southwest China are also insufficient, which leads to the price of turmeric rising all the way According to the plant extraction industry information network, the domestic curcumin supply in February this year was initially insufficient under the relatively stable market demand This is because affected by the shortage and price rise of curcumin in 2010, the manufacturers with curcumin as the main product basically determine orders with the sellers in advance, and the goods are preferentially supplied to long orders and old customers, so they have little time to consider new orders and small orders Therefore, the curcumin market in the first half of 2011 is a prosperous scene of short supply After the new production, the price may be adjusted During the period of continuous production and supply of curcumin, curcumin manufacturers are constantly purchasing curcumin raw materials, but the price varies from 25 to 30 yuan per kilogram At such a high price, if based on the previous sales price of curcumin, the profit margin of the production enterprises is significantly reduced Therefore, many enterprises hold a wait-and-see attitude towards purchasing curcumin In November this year, turmeric in India and Myanmar has been supplied and its price has declined By the time of publication, the price of turmeric in India had dropped to about $2 According to the plant extraction industry information network, the quality of turmeric in Myanmar is lower than that in India this year Moreover, on the whole, turmeric planting area in India and Myanmar has increased compared with last year, and the output has increased significantly compared with last year, which is one of the main reasons for the decrease of turmeric price The main producing areas of turmeric in China are in Sichuan and Yunnan Turmeric is mainly wild in Yunnan and cultivated in Sichuan In 2010, turmeric reached a high price of 33 yuan per kilogram Sichuan also increased the planting area of turmeric However, due to the drought in the early stage of this year, the growth of turmeric was affected to some extent, and the output of turmeric decreased about 30% At present, China has not entered a new stage of production, and the price of turmeric supplied in the market is still floating up and down at 24 yuan per kilogram Curcumin is still in stock in the domestic market last year It is expected that the price of curcumin in China will be adjusted in the environment of large domestic stock and falling supply price of curcumin in foreign countries In addition, according to the domestic plant extract manufacturers, due to the low content of curcumin raw materials, the cost of extracting high content curcumin is high, and the profit space of enterprises is narrow In November 2010, the market price of 90% curcumin (liquid phase detection) was about 1200 yuan / kg At present, curcumin price in India and Myanmar is much cheaper than that in China, and its content is also higher than that in China Curcumin production enterprises in China may still buy more curcumin from abroad These factors also lead to the weak demand situation of Curcuma in China, but Curcuma in China can be basically used to extract low specification curcumin to meet the needs of other types of customers at home and abroad In the short term, it is inevitable that there will be small fluctuations According to the current supply of turmeric resources, the price of turmeric will drop by about half compared with the same period last year, but it is still difficult to find high content of turmeric In a short period of time, although the overall trend of turmeric will not change significantly, small fluctuations are inevitable In the same way, curcumin market will adjust at any time with the change of curcumin market Before the Spring Festival, the market price of turmeric still fluctuated slightly.