The market for Rhodiola rosea extract remained stable through 2013, just with the price fluctuating above or below 10 to 20 yuan per kilogram.
Owing to raw material newly harvested or in storage, the extract's price varies to some extent. Some manufacturers have the extract in stock for years, others purchase Rhodiola rosea annually, and Rhodiola rosea's price has seen a steady increase in recent years. It's no doubt that the extract's price varies from one factory to another. But the price war contracts suppliers' profit, according to Zhang, general manager of Hanzhong TRG Biotech.
The market for 3% Rosavin remained stable while Salidroside price saw a decline of 5 percent in Sep and Oct, and rebounded to original level in November.
In 2013, Rhodiola rosea extract is mainly for domestic health products and international health products, functional food and cosmetics. America and Europe are major importers. The strict requirements on plasticizer level hinder some manufacturers' export to Taiwan China, added Zhang.
The market is expected to keep stable in 2014, and the extract derived from newly-harvested Rhodiola may see a rise of roughly 20 yuan per kilo in price, on the basis of raw material situation.
Copyright：Herbridge Media
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