In recent years, silymarin and silibinin market has been fairly stable, and the export demand remained stable too. It is milk thistle harvest time from July to September.At the same time, most of enterprises in Northeast China were busy transforming laboratory and Workshop and so on to expand production after the procurement of raw materials.They didn’t expect the planted area of milk thistle to drop sharply this year,which is a difficult work to deal with.

     The manufactures are mainly located-in Panjin,Liaoning province,where milk thistle has always been widely grown.  The supply market has always been depressed for two years.Most farmers and corporations have a large number of inventories.Famers increasingly reluctant to grow milk thistle. According to herbridge.com,the low and high volume purchase price was respectively maintained at 8-10 ,5-6 RMB/kg in 2008.When many corporations began to purchase milk thistle, they were surprised to find that the planted area was shaprly dropped.In fact, the shortage of milk thistle loomed in July.It is not difficult to understand that manufactures have to stop production for the shortage of milk thistle at its harvest time.

    At present,milk thistle price rised to 13 RMB/kg.the manufactures in Panjin have to raise prices and are under great pressure to purchase milk thistle.Some suppliers claim that if milk thistle price continue to rise, they will consider to stop production for a period of time. According to herbridge.com,the DAB silymarin price has rised to 300 RMB/kg while the price was 240RMB/kg at the beginning of this year.80% silibinin price has rised to 1200 RMB/kg.

Source: www.herbridge.com
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