Epimedium extract that was always unattractive becomes invaluable suddenly.According to herbidge.com,epimediun extract price rises sharply.10% icariin price has rose to 400-500RMB/kg that was 270 RMB/kg in June.But it’s difficult to find suppliers who have merchandise on hand. Some manufactuers in Shanxi province are busy with production to meet orders received till Mid-November. Some manufactuers in Sichuan province will start production until after signing orders.
It is raw materials that result in shortage of epimedium extract and rising of the price.On the one hand, shortage of raw materials .On the other hand,poor quality raw materials.Therefore,some manufacturers stop production.According to herbridge.com,there are three reasons for raw materials price rises.Firstly,the earthquake in Sichuan province last year damaged vegetation. Neighboring Gansu Province was also affected by the earthquake.Epimedium is mainly grown in Gansu province and Sichuan Province.However,some manufacturers in Shanxi province always relying on local sources are also shortage of raw materials.Secondly, international demand for epimedium extract increases.Thirdly,according to industry people, someone deliberately hoarded the raw materials and exported epimedium extract in low price.
According to herbidge.com, manufactures in Shanxi province always ensure continuous supply of epimedium.At present,the price is higher than that in Sichuan.It is understood that small orders and shortage of stocks result in lower price in Sichuan.But we can’t rule out the possibility of speculation. In Shanxi province,5% icariin price is more than 280RMB/kg,10% icariin price is 400-500 RMB/kg that will be higher in two weeks.At that time,suppliers will not promise to have merchandise on hand.10% icariins price is about 230-260 RMB/kg.In Sichuan province,5% icariin price is 150-200RMB/kg,10% icariin price is over 380RMB/kg,10% icariins price is 260-290 RMB/kg.
According to herbridge.com,in Shanxi province in June,the price of 5% icariin, 10% icariin and 15 icariin was respectively maintained at 130 RMB/kg,270RMB/kg and 420 RMB/kg.The price of 5% icariins and 10% icariins was respectively maintained at 90RMB/kg and 140RMB/kg.
(Source :Herbridge.com)
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