Ginseng Extract Price is Stable after the Slight Increase
date：2010-04-29
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Herbridge,29 April 2010-Ginseng extract has been used for many years.Current researches mainly focus on its anti-fatigue,anti-aging,enhancing the immune system as well as improving memory properties.
Ginseng price is more than double that at the end of 2009.Meanwhile,the price for 80% ginseng extract (derived from stem and leaf) rises to 400RMB/kg from 330RMB/kg now.Industry insiders said,the price will not likely increase in the near future.
In fact,manufacturers endured double pressures.One the one hand,ginseng price rises.On the other hand,purchasers want to get goods at the original price. Ultimately,both domestic and international end customers believe the fact that ginseng price has increased.
According to herbridge.com,ginseng principally grows in Northeast China,especially Jilin province.The demand for ginseng extract is slowly growing year after year.The majority is 80%(from stem and leaf)and 15%(from root)ginseng extract.
Ginseng price is more than double that at the end of 2009.Meanwhile,the price for 80% ginseng extract (derived from stem and leaf) rises to 400RMB/kg from 330RMB/kg now.Industry insiders said,the price will not likely increase in the near future.
In fact,manufacturers endured double pressures.One the one hand,ginseng price rises.On the other hand,purchasers want to get goods at the original price. Ultimately,both domestic and international end customers believe the fact that ginseng price has increased.
According to herbridge.com,ginseng principally grows in Northeast China,especially Jilin province.The demand for ginseng extract is slowly growing year after year.The majority is 80%(from stem and leaf)and 15%(from root)ginseng extract.
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