It Takes Time to Consume Silymarin in Stock
date：2014-01-13
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Silymarin manufacturers are concentrated in Panjin of Liaoning province, where the silymarin production exceeds 50 percent of the total production. Manufacturers in Xi'an gains a market share in recent two years, especially JIAHERB and Xi'an App-Chem. Some enterprises enter in, then out for whatever reasons. The layout saw no change in 2013.
Milk Thistle Seeds in Stable Supply
China produces 15,000 tons of seeds with planting area of about 200,000 mu in 2013, similar to that of 2012. But in 2011, the planting area is more than 400,000 mu and 10,000 tons of seeds are still in stock. The seed supply determines the market trend of silymarin.
The international market demands about 1000 tons of silymarin every year. The domestic demand accounts for about 20 percent of the total demand, and the supply accounts for over 70 percent of the demand on the international market, according to Xi'an App-Chem.
Nearly 200 tons of silymarin was stocked in 2011, leading to a lower price of silymarin through 2013. The silymarin market is clear in China. It needs time to consume stocked goods, and the price will remain stable or slightly rise before May 2014. But after May, the price may change for uncertain planting activity.
Silymarin is beneficial to liver protection, which is recognized and accepted in the west. Silymarin is recently developed in pharmaceuticals, health products, cosmetics and functional beverages on the international market. The development of silymarin-based products is waiting for an opportunity in China.
Copyright：Herbridge Media
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