The price of scallion hit a new high of 4.5 years, and ginger rose by 125percent. These stocks are not calm

category:Finance
 The price of scallion hit a new high of 4.5 years, and ginger rose by 125percent. These stocks are not calm


According to CCTV news reports, wholesalers at Dashang wholesale market in Ningjiabu street, Zhangqiu District, Jinan City, Shandong Province, said the price of green onions this year is three times that of last year. Last year, they received 45 cents, and this year they received 1 yuan and 45 yuan.

According to the data provided by the China vegetable Circulation Association, the price of Changbai scallion and scallion in Zhangqiu, Shandong Province, on November 11 was about 1.30 yuan per kilogram, up 160% year on year. The price of iron green onion and scallion in Xinye, Henan Province, is about 1.45 yuan per kilogram, which is 0.8 yuan higher than that in the last ten days of August, up 123.08%.

According to wind data, as of November 27, the price of green onions was 4.8 yuan / kg, up 300% from the same period last year, and reached a new high in four and a half years.

In addition to scallions, ginger prices have also been rising.

Laiwu District of Jinan is one of the main ginger producing areas in Shandong Province. Nearly 500000 tons of ginger are produced here every year. In 2018, the wholesale price of ginger per kilogram was about two or three yuan. Last year, it was 3 to 5 yuan. This year, the price of ginger per kilogram once rose to 8.5 yuan.

According to the data provided by China vegetable Circulation Association, due to the fact that the planting area of most ginger producing areas did not increase last year, and the yield per unit area decreased due to diseases and natural disasters, the price of fine ginger washing has increased from less than 7 yuan per kilogram to nearly 11 yuan in the first ten days of November, compared with the average price of 3.84 yuan / Jin in the same period of last year, with a year-on-year increase of about 14 yuan 7.40%u3002 Ginger prices will remain high in the short term.

As of November 27, ginger prices were 13.5 yuan / kg, down slightly from the previous two weeks, but still up 125% from the same period last year, according to wind data.

According to wind data, as of November 27, garlic prices were 6 yuan / kg, down from the same period last year, but more than double the low in the middle of this year.

//The leader hears the wind and takes the lead in trading//

In addition to onion, ginger and garlic, market institutions expect that this years cold winter may lead to higher prices of food, vegetables, rubber and other crops. Affected by this, the performance of agricultural products plate is good. On November 27, the South China Commodity Index closed up 0.63%. It is worth mentioning that the South China Commodity Index has reached a new high since January 8, 2020, and the index is up 2.54% this week and 8.88% in November.

According to the data, Honghuis main business includes planting management of fruits and vegetables, post harvest acquisition, precooling of producing areas, frozen storage, pre selection and grading, processing and packaging, and cold chain distribution.

In addition, on the same day, langyuan shares, suken Nongfa, DaBeiNong, Xuerong biology and other agricultural planting industry chain related stocks all rose to varying degrees.

Western Securities said in the latest research report that RCEP was successfully signed, and Chinas aquatic products, fruits and vegetables industry benefited relatively by reducing tariff and non-tariff barriers. At present, 90% of Chinas and 10 ASEAN countries commodities have achieved zero tariff in 2015. Among the agricultural, forestry, aquatic products and food imported by Japan, five important items, such as rice and wheat, have been excluded from the tariff reduction or revocation. However, about 50% of agricultural products have gradually withdrawn their tariffs. From the perspective of import and export, aquatic products, fruits and vegetables, as the most exported agricultural products to RCEP member countries, the export competitiveness is expected to be further improved after the reduction of tariff barriers.

According to Tianfeng Securities Research Report, the World Meteorological Organization (WMO) and many other countries have issued climate forecasts. La Nina has been formed this winter and is expected to last until March 2021, which will affect the temperature, precipitation and storm patterns in many parts of the world. Under La Nina phenomenon, the cold winter has adverse effects on the cultivation and transportation of fresh vegetables. It is expected that the price increase of agricultural products such as vegetables, mushrooms and mushrooms may exceed expectations this winter.

//Downstream industries actively respond to rising costs//

Taking condiment industry as an example, Guosheng Securities believes that raw materials account for a high proportion of its cost, and price fluctuation may directly affect the time point, range and strategy of price increase of industry companies.

However, leading enterprises can transfer the rising cost of raw materials by raising prices. For example, recently, goldfish said on the interactive platform that the companys product prices will be adjusted to a certain extent according to the price fluctuations of raw materials. Recently, affected by the rising prices of raw materials, the prices of some products of the company have increased to a certain extent. In addition, according to the Western securities research report, Haitian flavor industry adopted price raising strategies at the end of 2012, 2014 and 2016 to cope with the price rise of raw materials, and the ton price of the companys products increased significantly in the next year. However, in the environment of rising raw material cost this year, Haitian flavor industry takes the market competition environment into consideration, takes the promotion of market share as the priority, and postpones the price increase to squeeze the survival space of other brands. The agency believes that with the increase of market share, Haitian flavor industry has the ability to raise the price of products at an appropriate time to realize the common growth of scale profit. (wind, CCTV finance, Shanghai Securities News, etc.) source: wind information, editor in charge: Yang Bin_ NF4368

In addition, according to the Western securities research report, Haitian flavor industry adopted price raising strategies at the end of 2012, 2014 and 2016 to cope with the price rise of raw materials, and the ton price of the companys products increased significantly in the next year. However, in the environment of rising raw material cost this year, Haitian flavor industry takes the market competition environment into consideration, takes the promotion of market share as the priority, and postpones the price increase to squeeze the survival space of other brands. The agency believes that with the increase of market share, Haitian flavor industry has the ability to raise the price of products at an appropriate time to realize the common growth of scale profit.

(wind, CCTV finance, Shanghai Securities News, etc.)