Select Language
At present, the production area of Yizhi is still mainly in Hainan and Maoming in western Guangdong, and a small amount of planting is also retained in the coastal areas of Guangxi. Since its production area is not wide and the output is not large, it has been a variety that merchants are keen to invest in to make market fluctuations since the 1990s, and its price often fluctuates frequently, especially in the past ten years. The funds and popularity involved in the operation are not lacking every year.
From 2011 to 2017, after years of operation by large enterprises, the price of yizhi rose year by year, reaching a historical high of 100 yuan in 2017. This price has been attracting merchants' investment enthusiasm since then, but the production has recovered and the market supply exceeds demand. The lowest price of new production in 2020 has slipped to around 20 yuan. From 2021 to 2023, the market price of yizhi mostly hovered at a low level between more than 20 yuan and more than 30 yuan. In 2024, the seasoning market was hot, and yizhi also ushered in a big rise again, with the price rising from about 30 yuan to around 60 yuan, doubling. Before the Spring Festival this year, merchants continued to actively purchase goods, and the price continued to rise to 70 yuan. After the Spring Festival, the supply was still popular, and the price rose to around 85 yuan, until March, the market continued to fluctuate upwar
The continuous rise in the market price of yizhi from last year to now can be said to have greatly boosted the morale of merchants holding goods. At the end of March and the beginning of April, the fruits of yizhi in Hainan gradually took shape. Many merchants and anchors went to the Hainan production area to inspect the fruiting situation this year. They released videos shot through self-media such as Douyin and WeChat Moments, actively publicizing how low the fruiting rate is this year, conveying the
information of obvious production reduction, and creating momentum in the market to take the opportunity to attract goods and drive popularity. At the turn of early and mid-April, the market price of yizhi rose again, and the price rose by 20 yuan in about a week, once again reaching the
The fruit bearing rate of the old plants is low, but the fruit bearing rate of the plants in the peak production period is still good. The videos released by various media in the early stage are specially selected for the poor growth and the good growth. The information promoted is different because of different purposes. In general, the production in Hainan is tending to decline this year due to the large proportion of old plants and the influence of climate. In addition, due to the higher income of betel nut in the production area, farmers have cut down the yizhi to plant betel nut, which will further lead to the decline of the production of yizhi. However, some places in Guangdong reflect that the production this year is good. Although Guangdong products account for a small proportion of the yizhi market, it is still worth the attention of merchants.
In the early stage, the purchase price of fruits in Hainan production area was between 6-7 yuan, but the fruits were relatively tender. Recently, as the fruits gradually matured, the price of fruits rose to 8.5 yuan, with a dry rate of 5-6:1. The cost is already above 90 yuan. Recently, some merchants in Hainan production area have processed a small amount of dry goods, but have not set a price, and there is no actual transaction price yet. The current situation in the production area is that processors and merchants are waiting and waiting for the actual market conditions when the next large-scale production comes.
In recent years, there are many merchants holding the supply of intellectual property. Due to different costs and different expectations for the market, everyone's mentality is also different. The sudden rise in the market in April is an abnormal market change phenomenon, and artificial price increases have a greater impact. In the face of the rising market, some people actively sell, some continue to hold positions, and some continue to follow up during the rise. The reappearance of historical high prices has made all merchants holding supply profitable, so recently many supplies have begun to return to the market. Since late April, the market has gradually adjusted. In recent years, every time the market of intellectual property rises, the expectations of merchants will be raised. After each high and correction, the stabilized price will be higher than before the rise. At present, the price of old goods in Hainan is temporarily stable at around 96 yuan.
The annual demand for iris is not large, ranging from more than 2,000 tons to 3,000 tons. In recent years, there has been no shortage of supply in the market, but most of it is in the hands of investment merchants. Even when the market is rising and the transaction volume is large, the supply is mostly exchanged between merchants, and the supply that actually flows to the terminal market and is consumed each time is not large. With this wave of price increases in April, iris has accumulated a certain popularity, especially at the critical moment when new goods are about to be listed. Popularity will play an extremely critical role in its future market trend. In the case of high public opinion on production cuts in the early stage, coupled with the current continued improvement in the seasoning market, merchants will continue to maintain high expectations for the future market of iris.
According to past practices, the market price of yizhi will have room for decline after a large number of new products are launched on the market. However, yizhi is very popular recently, and many merchants are still rushing to Hainan recently. With its high popularity, it is expected that its future potential will still be great. This also means that prices may rebound at any time in the future. There are business opportunities, but also great risks. It depends on how everyone grasps them.
What is the future trend of star anise after the rebound of the market
Read More →After the surge, new products are coming. The future market opportunities and risks of educational toys coexist
Read More →The fluctuating market conditions of Polygonatum odoratum are welcomed with good news, will there be another surge in the market in the future?
Read More →