In mid-November last year, a large-scale rain and snow weather caused a disaster to the wild chrysanthemums that were being harvested. How is the wild chrysanthemum production going this year? How big is the market inventory? What's the future trend?

In the first half of 2008, the price of wild chrysanthemums remained stable at 18 to 20 yuan (pure particles, kilogram price, the same below). However, affected by the international financial crisis and the overall downturn in the pharmaceutical market, market operators purchased goods. The efforts were not strong, and merchants in the origin did not dare to receive large quantities of goods. As a result, the price of wild chrysanthemums dropped all the way after the new crop was produced in 2008, and the unified purchasing price of the origin dropped to 7 to 8 yuan (for granules). Due to the low purchase price of new wild chrysanthemums, farmers' enthusiasm for harvesting was frustrated. The output of new wild chrysanthemums in 2008 was not large, and the market continued to be sluggish. In the first half of 2009, the price of wild chrysanthemums did not change much.

From April to June last year, the wild chrysanthemum-producing areas of Henan and Hubei suffered from drought and lack of rain. The growth of wild chrysanthemums was affected, and signs of production reduction were already apparent. The production period started around October 20, and the production of wild chrysanthemums was reduced due to drought. , the origin purchaser increased the purchase price compared with last year, and the price of granular goods was 9 to 10 yuan.

Unforeseen circumstances, just when wild chrysanthemums are in new production, two consecutive heavy snowfalls in November almost wiped out the wild chrysanthemums in the three main producing areas of Henan, Hubei and Anhui. According to past experience, if there is rain or snow during the harvest of wild chrysanthemums, loose flowers of poor quality can still be harvested after the weather clears. However, I am afraid there is no chance to make amends this year. Due to the continuous snowfall for many days and the heavy snowfall, the wild chrysanthemums were buried under the thick snow. How many wild chrysanthemums will remain after the snow stops melting? Because wild chrysanthemums have not yet entered the middle stage of new production, it is estimated that a production reduction of about 60% is a foregone conclusion due to this natural disaster.

After the heavy snowfall in November, foresighted drug dealers actively sought sources of goods in the market. However, there were not many new goods coming to the market, and most of the old goods had been digested. It was not easy to organize large quantities of goods. As the number of buyers increases in the market, merchants go to the production areas to seek supply of goods. Large quantities of goods from the production areas move smoothly, and purchasers also increase their purchase prices. Due to the heavy snowfall, the supply of new wild chrysanthemum products was out of line, and a small number of new products were stranded in the hands of drug farmers who were unwilling to sell. It has become clear that the production of wild chrysanthemums will be reduced due to the disaster. Many stockholders are optimistic about the future market and have a strong reluctance to sell.

It is up to people to plan things, and it is up to God to make things happen. There is no doubt that the production of wild chrysanthemums has been reduced due to the snowstorm this year. Although the current price of wild chrysanthemums is close to the historical price and is on the high side, the production reduction of wild chrysanthemums is large and the inventory is weak. The gap between supply and demand of wild chrysanthemums in the future has already appeared. Both the local drug farmers, purchasers, and market operators have all realized that the market for wild chrysanthemums will be good in the future, and they have a serious reluctance to sell.

Manufacturers will not have time to purchase goods this year, and after a period of time, the inventory will gradually become empty. The peak demand season for wild chrysanthemums is from April to August every year, and it is clear that the supply of wild chrysanthemums this year will exceed demand.