China silymarin price will still go up
date:2013-07-31
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The silymarin continued to keep stable in the past two years due to the overcapacity in 2011.
Xi'an App-Chem Bio told herbridge media,the planted area of silymarin in 2013 concentrated in the north of Heilongjiang,the area
greatly reduced in Panjin and southern regions of Heilongjiang.Compared with 2012,the area of silymarin has decreased in nationwide.
So far, silymarin as herbal ingredients is mainly used to treat liver and diabetes ,which is still concentrated in the U.S. and European markets .In the domestic market, silymarin has been approved as health food.It is understood that the amount of silymarin in China's health care industry in the past three years had increased by 50 percent, accounting for 10% of silymarin supply in nationwide.The application of silymarin in the new field is bound to promote the market demand.It is expected the future market of silymarin will get better.
The supply of silymarin in China is mainly in Panjin and Xi'an, the market competition is relatively transparent.The price of raw material slightly went up during the first half of 2013, so did the price of silymarin.Currently,the market price of UV80% was 270-290¥/kg.The price may continue to increase after the new harvest of 2013.
The leader of Xi'an App-Chem Bio said,it is inevitable to get the the product certification in order to improve the international market competitiveness.The certifications such as GMP, ISO, KOSHER, HALAL and other relevant certification will help enhance the competitiveness of products.
Copyright:Herbridge Media
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