[2024-02-05] Less trading after snow, stable market trend in garlic market
On February 5, 2024, the supply of garlic in the market remained in a general state. Due to the approaching New Year's Eve and the impact of snowfall weather, sellers insisted on asking for prices. Purchasing mainly focused on replenishing essential goods, and before the holiday, the procurement of merchants in the market was basically completed. The demand for goods from processing plants decreased, and it was also difficult to adjust the vehicles in the production area. Market transactions were quiet, and prices remained stable.
In the Jinxiang production area, the market is stable and not fast, and the supply of goods remains unchanged. Due to the impact of snowfall and the approaching Spring Festival, the market popularity is weak, and buying and selling transactions have decreased. The main focus is on replenishing goods in the market for urgent needs, and transactions are mainly carried out with little fluctuation in prices.
In the Pizhou production area, the market is stable and mainly supplied by the original source of goods. However, due to the freezing of roads after snow, vehicle scheduling is difficult, and there are not many transactions of garlic in the warehouse. The purchase and sales are relatively light, and the price remains unchanged.
In the Qixian production area, the market remained stable throughout the day, and the supply of goods remained normal. There were not many merchants in the demand market, and a small amount of pre holiday restocking was carried out. Sellers shipped with them, and mainstream prices did not fluctuate much, resulting in a contraction in trading volume.
In the Zhongmu production area, there are not many goods to be sold. Due to the closure of roads after snow, the number of customers who come to the production area to pick up goods has decreased, and there is a small amount of replenishment from customers in the market. Sellers insist on asking prices, but the mainstream prices do not fluctuate much, and the transaction volume is generally low.
In the Cangshan production area, sellers have a stable selling attitude and are more persistent in asking prices. Buyers pick up goods according to demand, with transactions mainly in Indonesia. The speed of ordering in the production area is average, and prices remain stable.
In the Laiwu production area, pre holiday transactions have been completed, and there has been a decrease in restocking for customers in the market. Surrounding processing factories have also been on vacation, and the market demand is not high. Small tonnage goods have been sold, and sellers have basically followed suit. The mainstream prices have not changed significantly.