Accelerated decline in the price of Chinese herbal medicines Codonopsis after the "fever" or rebound

“Prince Edward was deposed, Codonopsis quotiently increased in price, and everyone wanted to protect themselves without buying.” This was a portrayal of dealers panicking and selling the Taizishen and Codonopsis in the Chinese herbal medicine market earlier.

As the NDRC increased the intensity of cracking down on herbal medicines, coupled with the arrival of new Chinese herbal medicines in the fall, the price index of Chinese herbal medicines fell in September according to the “September Market Price Monitoring Report” recently published by the Chinese Medicine Association Information Center for Medicinal Materials. For the first time, the comprehensive 200 index of Chinese herbal medicines fell below 2,400 points, falling by 8.26% from the previous period, setting a new low during the year and showing an accelerated decline. The report also pointed out that the decline in the prices of large varieties of medicinal herbs contributed a lot to the decline in the index. It is worth mentioning that this is the fourth consecutive month that the index has fallen since June. Of the 537 varieties of Chinese herbal medicines monitored by the Information Center, 247 were price-reducing varieties, mainly fruit-seeded kernels and rootstocks, accounting for 46% of the varieties; 236 varieties had increased prices, accounting for about 44%; The percentage of flat prices is 10%.

Taking the major soaring varieties of Codonopsis (white strip) and Taizishen (Guizhou) as examples from the middle of last year as an example, in September, the retail price of the former dropped from 80 to 85 yuan/kg to 65 to 75 yuan/kg, and the latter price From 270 to 280 yuan / kg fell to 225 to 235 yuan / kg, the monthly decline of more than 10%.

As for the overall accelerated decline in the prices of Chinese herbal medicines, Guo Fanli, a research fellow at China Investment Advisors Pharmaceuticals, believes that there are two reasons. First, the recent listing of new medicinal herbs has brought about a relief of the tight supply and demand relationship. Second, in July, the NDRC focused on handling a batch of malicious hoarding medicines. In the enterprise, the market has expectations of further price fall, coupled with the current procurement of Chinese patent medicine companies is light.

Although the price of the species headed by the Pacific Ginseng (Guizhou Politics) fell by 24% from the beginning of the year, statistics show that the current price of Codonopsis (white strip) is still at a high level, up by 80% from the beginning of the year. Talking about the reasons for the skyrocketing prices of Codonopsis, Luo Zhuren of the Department of Chinese Medicine of the China Pharmaceutical Import and Export Chamber of Commerce believes that market demand has increased significantly, but supply has been far behind due to weather and human factors.

In response to this, Guo Fanli expressed his approval. He told reporters that at present, the annual amount of Codonopsis is around 25,000 tons, and the NDRC orders the coffin companies to sell 1,000 tons of Codonopsis, which has little practical impact on supply. In addition, the climate of the main producing areas of Codonopsis this year is changeable, and the output is difficult to guarantee. Codonopsis is high in sugar content and difficult to preserve. These are the reasons why the Codonopsis market is in short supply.

However, as the prices of Codonopsis continue to “recover fever”, many traders have also played the abacus to steal goods. Mr. Zhang, who has been engaged in sales of traditional Chinese medicine for many years at Tong Ren Tang Pharmacy, Shanghai Dongfang Road, told reporters: “Despite the decline in the price of Codonopsis, people in the mountains in the main producing areas of the North have visited people every day.”

In the forum of the website of the Chinese Medicinal Products Market, the reporter also saw that some traders believed that the pandemonics of the Codonopsis had squeezed a lot of water in the early stage, and the price of the Codonopsis was even higher when the Codonopsis was produced. Now it is the receipt of goods. A good time. One of the country’s largest traditional Chinese medicine market, a person in charge of the Linzhou Medicine Market in Bozhou, Anhui Province, told reporters that the growth cycle of Codonopsis is 2 to 3 years. In the case that the planting link cannot be changed in the short term, human factors may cause the price to heat up again.