date:May 16, 2016
ust before the Chinese New Year and caused prices to rise sharply in February. Exporters started speculating that a small harvest would entail higher prices later in the season.
At present, however, it seems the damage is not that bad. The government of the province of Jinxiang recently presented a report that reveals that only 2% of the harvest has been lost. There is still a lot of 'old' garlic in stock. Therefore, price declines are expected as soon as the new harvest hits the market.
Good