June 2017 - Garlic, Ginger and Peanuts

Garlic: After a shortage of garlic last year, this year's garlic crop output has increased by roughly 20%. The market price took a sharp price drop last month, but it has begun to rise again.

Ginger: Market is stable but there is speculation of a looming price increase as some big buyers are preparing to buy up remaining stocks in order to push up the price.

Peanuts: Market is stable, with the price steadily dropping. Buyers should be careful with their processing and shipments as Shandong had quite a hot summer, which will lead to high humidity.

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Haichen Wang